Islamabad — Pakistan has formally advanced its power sector reform agenda by moving forward with the privatisation of selected electricity distribution companies, according to official documents and sector officials familiar with the process.

Under the government’s Privatisation Programme 2024–29, nine power distribution companies (DISCOs) have been included for private participation, while two — Quetta Electric Supply Company and Tribal Electric Supply Company — remain outside the current plan. The process is being overseen by the Privatisation Commission in coordination with the Power Division.

Officials say the initiative is aimed at addressing long-standing operational inefficiencies, reducing losses, and improving financial discipline in electricity distribution, a segment that has placed sustained pressure on public finances.

The privatisation process is being conducted under the Privatisation Commission Ordinance, 2000, and involves multiple stages, including the appointment of financial advisers, due diligence, valuation approval, and open competitive bidding. Media representatives are expected to observe the bidding process to ensure transparency.

The Power Division remains responsible for administrative oversight of DISCOs and continues to coordinate with international partners on broader power sector reforms. Regulatory authority will continue to rest with the NEPRA, which determines tariffs and service standards.

Officials stress that privatisation is intended to improve service delivery and governance while maintaining regulatory safeguards for consumers.

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