Detailed SUMMARY of “Privatising Discos,” Dawn Editorial, October 8th, 2023
The caretaker government’s decision to transfer loss-making power distribution companies (Discos) to the private sector through long-term concessions lacks clarity. This proposal was one of three options presented by the energy ministry at a recent meeting of the Special Investment Facilitation Council. The decision to choose this option is unclear, and details about the mechanism for transferring the companies to the private sector and the concessions are shrouded in secrecy. The power minister did not provide any clarifications during a recent news conference. Discos have been a persistent concern for successive governments due to distribution losses, revenue leaks, low bill recovery, electricity theft, and supply constraints. Past discussions on solutions like privatization and provincialization have faced » Read More…