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Pakistan sets 2027 deadline to sell nine DISCOs

Minute mirror

By Hadia Batool

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Pakistan sets 2027 deadline to sell nine DISCOs — Photo credit: Minute mirror

Summary

Pakistan has set an ambitious target to privatise nine electricity distribution companies (DISCOs) by December 2027, as the government seeks to reduce the heavy financial losses suffered by the power sector.
The government has now presented its privatisation roadmap to the International Monetary Fund (IMF), with the first three DISCOs expected to be sold during the first quarter of next year.
The second phase will cover Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO), with their privatisation planned between April and June 2027.

AI Generated Summary

Pakistan has set an ambitious target to privatise nine electricity distribution companies (DISCOs) by December 2027, as the government seeks to reduce the heavy financial losses suffered by the power sector.

The companies currently contribute billions of rupees in losses and require substantial government subsidies each year. The government has now presented its privatisation roadmap to the International Monetary Fund (IMF), with the first three DISCOs expected to be sold during the first quarter of next year.

Originally published by Minute mirror on Oct 4, 2026 Read the full article at minutemirror.com.pk

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