PM Shehbaz orders expediting privatisation, outsourcing of Discos
– Prime Minister Shehbaz Sharif directed the relevant authorities on Thursday to expedite the process of privatising and outsourcing the power distribution companies . During a high-level meeting held in Islamabad on the power sector, it was emphasised that private sector expertise and globally accepted models should be utilised to enhance the management of the distribution companies .
The premier instructed the preparation and presentation of a comprehensive plan in the next meeting to enhance the country's power system. PM Shehbaz emphasised that reforms in the power sector would aid in reducing the country’s circular debt. He also pledged to prevent electricity theft and other activities detrimental to the country's treasury. In the meeting, recommendations and measures regarding the prevention of power theft, the reorganisation of the National Transmission and Dispatch Company and new electricity transmission projects were presented. It was disclosed during the meeting that the construction of the Matiari-Rahim Yar Khan transmission line and the Ghazi Barotha-Faisalabad transmission line would ensure power transmission from the southern part of the country. It was reported that a comprehensive strategy had been devised for the reorganisation of NTDC to reform the power transmission system and minimise the government’s circular debts. The prime minister instructed that all reform initiatives be completed within the stipulated timeframe. The meeting was attended by federal ministers Ishaq Dar, Khawaja Asif, Ahad Cheema, Sardar Awais Khan Leghari, Dr Musadik Malik, Abdul Aleem Khan, Ataullah Tarar, Mohsin Naqvi and others.Wall Street rises in premarket as bond markets stabilize and earnings roll inDollar rally stalls after rare FX warning from finance chiefsSaudi assistant defence minister calls on COAS Asim MunirBig Crackdown Against Electricity Theft
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PM Shehbaz orders swift action against tax defaulters, evadersPM Shehbaz orders swift action against tax defaulters, evaders
Read more »
Pakistan attaches high importance to its ties with US: PM ShehbazPakistan attaches high importance to its ties with US: PM Shehbaz
Read more »
CM GB Meets PM Shehbaz In Islamabad: PM Orders Committee Formation To Resolve GB ProblemsChief Minister Gilgit-Baltistan Gulbar Khan called on Prime Minister Shehbaz Sharif. Matters related to health, education, energy projects and tourism sector came under discussion during the meeting.
Read more »
Iranian ambassador discusses bilateral relations with PM ShehbazIranian ambassador discusses bilateral relations with PM Shehbaz
Read more »
PM Shehbaz orders for boosting privatization, outsourcing process of DiscosPM Shehbaz directed relevant authorities to accelerate process of privatization and outsourcing of the power distribution companies (Discos
Read more »
PM Chairs Meeting Regarding Power Sector : Orders For Boosting Privatization, Outsourcing Process Of Power DiscosPrime Minister Shehbaz Sharif directed the relevant authorities to accelerate the process of privatization and outsourcing of the power distribution companies.
Read more »