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SIFC Leads Disco Privatization: Steering Committee to Supervise Privatization of the Power Sector

Published

1 month ago

Farwa

To solve its problems and privatize the electricity industry, the government is working with the Special Investment Facilitation Council.

The government has made great strides toward the privatization of three of the best-performing power distribution companies in an effort to draw in investment and increase efficiency.

SIFC has been tasked with playing a key role in expediting the process. The first target of the privatization would be the discos in Islamabad, Gujranwala, and Faisalabad, which together make up 52% of the independent power producers that are governed by the government.

To ensure a seamless privatization process and promote collaboration among government departments, a steering committee has been established.

A plan is being created to address concerns and educate stakeholders. In order to make sure the privatization is successful, the group is also evaluating possible dangers.
Weekly progress reports will be given in order to keep the process accountable and transparent.

Latest News

The Punjab Assembly met on January 10.

Published

15 hours ago

Farwa

On January 10, Malik Zaheer Iqbal Channer, the acting speaker of the Punjab Assembly, called a meeting of the assembly.

The 20th session was called by acting speaker Malik Zaheer Iqbal Channer on January 10 at 2:00 PM, the Assembly secretariat announced in a notification.

By a majority vote, the Punjab Assembly had previously approved a resolution endorsing the 26th Constitutional Amendment.

Mian Mujtaba Shuja-ur-Rehman, the Punjab Minister for Parliamentary Affairs, had introduced the resolution, arguing that the constitutional change is an extension of the Charter of Democracy.

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Punjab’s law and order is deemed satisfactory by the Apex Committee.

Published

15 hours ago

Farwa

The Punjab Apex Committee was pleased with the state of law and order in the province as a whole on Tuesday.

The chief minister presided over the committee meeting, which was attended by high-ranking military and civil personnel. Among the many agenda items it examined were security and public safety initiatives.

All players will have VVIP-level protection thanks to the committee’s approval of a thorough security plan for the forthcoming Champions Trophy.

A security protocol implementation report for Chinese nationals living in Punjab was also given. To increase their safety, the CM ordered the authorities to implement strict precautions.

The conference also included an evaluation of the District Coordination Committees’ performance and the assignment of new tasks to increase their efficacy.

During a briefing, authorities emphasized the growing difficulties brought on by frequent infractions of traffic laws in the province, notably Lahore. The committee suggested that the problem be addressed right away.

Latest News

Gohar Khan clarifies the PTI’s position on “written demands.”

Published

15 hours ago

Farwa

All communication has been restored, according to Pakistan Tehreek-e-Insaf (PTI) Barrister Gohar, who has stressed that there are no backdoor routes being used with the government at the moment.

He underlined how crucial it is to prevent continuing negotiations from ever coming to a break.

Gohar added that he requested the administration not to put undue pressure on this issue, but he did not decline to make written demands.

Barrister Gohar stated that such a meeting is required and may occur soon in reference to a meeting with the founder of Pakistan Tehreek-e-Insaf (PTI). “If not today, the negotiation committee will meet with the PTI founder tomorrow,” he said calmly.