Islamabad:
The federal government has decided to privatize discos in Islamabad, Gujranwala and Faisalabad.
Government initiatives for privatization in the energy sector with the support of SIFC, development of the energy sector with the support of SIFC and efforts for effective resolution of problems are ongoing.
Initially, it has been decided to privatize the discos of Islamabad, Gujranwala and Faisalabad out of 52% IPPs under the government.
Serious steps have been taken to make the privatization process successful by setting up a steering committee.
In this regard, a comprehensive strategy is being developed to inform the stakeholders and to address the concerns, early identification of possible risks and challenges by the committee will increase the chances of success of privatization.
