Faisalabad Electric Supply Company
Coverage of Faisalabad Electric Supply Company in the Nexus archive.
- PM Shehbaz directs adoption of 'comprehensive strategy' to attract investors for Discos' privatisation
Prime Minister Shehbaz Sharif directed authorities to adopt a comprehensive strategy to attract international investors for the privatization of state-owned power distribution companies (Discos) and complete the restructuring of the Privatisation Commission within a month. Roadshows in Pakistan, Turkey, Saudi Arabia, and China to attract investors for Gepco, Fesco, and Iesco were reported as successful.
- PM Shehbaz directs completion of privatisation programmes according to agreed timelines
Prime Minister Shehbaz Sharif directed officials to complete the privatisation programme of state-owned enterprises within agreed timelines, emphasizing coordination among ministries. The meeting highlighted progress on privatising Pakistan International Airlines and First Women Bank, with upcoming deadlines for Islamabad, Faisalabad, and Gujranwala Electric Supply Companies. Shehbaz stressed maintaining Zarai Taraqiati Bank’s focus on agricultural financing post-privatisation.