DNA
ISLAMABAD: The Privatisation Commission will actively engage with potential investors and key power sector stakeholders to overhaul the existing tariff and operational framework of electricity distribution companies (DISCOs) in a bid to accelerate private sector participation in Pakistan’s power supply business.
According to Muhammad Ali, Advisor to the Prime Minister/ Chairman, Privatisation Commission of Pakistan the proposed reforms will focus on refining the current DISCO tariff structure, the Multi-Year Tariff (MYT) regime, business models, and the framework for competitive power suppliers.
“The proposed reforms aim to create a performance and efficiency-based return regime while enabling private sector buyers to leverage DISCO infrastructure and customer base for additional business opportunities,” he said.
He added that the planned measures are expected to facilitate faster and more effective private sector participation in the country’s power distribution sector, while also improving efficiency, reducing losses, and enhancing service delivery.
The move comes as the government intensifies efforts to restructure the energy sector and attract investment through privatisation and market-driven reforms aimed at improving the financial sustainability of power distribution companies.
