With reference to a news item published in Business Recorder on April 29, 2026, regarding the privatisation process of the first batch of power distribution companies (DISCOs), the Privatisation Commission clarifies that the transaction structure and restructuring plans for Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO) were approved by the PC Board in its meeting held on April 14, 2026.

These will now be considered by the Cabinet Committee on Privatisation (CCoP) at its forthcoming meeting. Following approval by the CCoP, Expressions of Interest (EOIs) for the privatisation of the three DISCOs in the first batch will be invited.