Govt green-lights transfer of power distribution companies to provinces

Govt green-lights transfer of power distribution companies to provinces

Islamabad: Caretaker Prime Minister Anwaarul Haq Kakar has approved sending a summary to the federal cabinet for handing over power distribution companies (DISCOs) to the provinces.

According to official documents, the Sindh government will have the ownership of the Hyderabad Electric Supply Company (Hesco) and the Sukkur Electric Supply Company (Sepco).

The Quetta Electric Supply Company (Qesco) will work under the Balochistan government while the Islamabad Capital Territory (ICT) and Punjab will jointly own the Islamabad Electric Supply Company (IESCO), DISCO that supplies power to the federal capital.

Khyber Pakhtunkhwa (K-P) will own the Peshawar Electric Supply Company (Pesco) and the Tribal Areas Electric Supply Company (Tesco).

The Lahore Electric Supply Company (Lesco), the Gujranwala Electric Supply Company (Gepco), the Faisalabad Electric Supply Company (Fesco) and the Multan Electric Supply Company (Mepco)—will be handed over to Punjab.

The decision, if implemented, will result in cessation of a uniform tariff for power consumers across the country as the provinces will individually decide electricity rates and subsidies to be given to consumers.