Plan prepared to revive defunct Pepco

ISLAMABAD: Power Division has reportedly prepared a plan to revive the defunct Pakistan Electric Power Company (Pepco) aimed at controlling the unbridled Distribution Companies (Discos) and implementing prompt decisions, well informed sources told Business Recorder.

The Cabinet Committee on Energy (CCoE) which is expected to meet early next week under the chairmanship of Prime Minister Shahid Khaqan Abbasi, will consider the proposal and allow Power Division to place its summary in the federal cabinet. Pepco had been disbanded by the government as a part of power sector reforms particularly to allow Discos to function independently, but this has not happened and the Power Ministry continues to influences decision making process of Discos besides remain engaged in transfer and posting.

Published in Business Recorder, 29th March, 2018

https://epaper.brecorder.com/2018/03/29/1-page/707473-news.html