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.
