ijra — Live news map of the Middle East, Sudan and Pakistan

Pakistan to Privatise FESCO, GEPCO and IESCO in First Quarter of 2027

Sukkur, Pakistan ·

Pakistan's Privatization Commission chairman said on Saturday that three power distribution companies (DISCOs) would be privatised in the first quarter of 2027. The government is trying to sell the loss-making firms to raise funds and reform state-owned enterprises under a $7 billion IMF programme.

Pakistan has been under an IMF lending programme and has sought to reform loss-making state-owned enterprises, including its electricity distribution companies, to ease fiscal pressure.

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