Gujranwala Electric Power Company
Coverage of Gujranwala Electric Power 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.
- PM Shehbaz orders audit of power firms’ billing systems
Prime Minister Shehbaz Sharif ordered a technical audit of power distribution companies' billing systems and emphasized reforms in the power sector. He highlighted the need for smart meters, stricter measures against electricity theft, and performance incentives for top-performing companies, alongside rural solar projects to reduce load-shedding.