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PC fails to take sell-off decision

Power Division says it lacks capacity to prepare roadmap for privatisation of DISCOs Privatisation Commission has geared up for the sale of power distribution companies and will do its best to complete the task while remaining within its legal mandate, said privatisation ministry spokesperson. PHOTO: FILE ISLAMABAD: The Privatisation Commission (PC) board on Thursday could not take decision on privatisation of power distribution companies due to Ministry of Energy’s failure to improve the poor condition of these companies over the past two and a half years. The Power Division has shown its inability to even prepare a roadmap for the privatisation of power distribution companies, saying it lacked the “capacity”, showed official documents.

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