Three DISCOs set for privatisation in Q1 2027, aide says
Prime Minister’s Adviser Muhammad Ali said due diligence on Faisalabad, Gujranwala and Islamabad distributors is under way, with bidding delayed from December.
Privatisation Commission Chair Muhammad Ali said FESCO, GEPCO and IESCO are targeted for sale in the first quarter of 2027.
Bidding, once aimed for December, may slip slightly after investors sought more time to study the deals.
Hyderabad and Sukkur distributors are lined up for the second quarter of 2027; Lahore, Multan, Peshawar and Hazara for the second half.
Reform proposals covering tariffs and a competitive supply market are due to be shared publicly by mid-November.
Worker terms would be protected for a set period after sale; investors face penalties and rewards tied to performance.