Interim Government Chooses to Transfer DISCOs to Provinces

The caretaker federal government in Islamabad has chosen to eliminate the current system concerning the sale, distribution, and pricing of electricity. The federal cabinet has granted approval to forward the summary outlining the transfer of ownership of power distribution companies (DISCOs) to the respective provinces.

As per the provided document, the federal government's decision entails discontinuing the uniform electricity tariff that applies nationwide. Instead, the responsibility for determining electricity rates and subsidies will be handed over to the individual provinces.

The document specifies that Hyderabad and Sukkur Electric Supply Company will fall under the ownership of Sindh, while Quetta Electric Company will become the property of Balochistan.

Furthermore, the document notes that the ownership of Lahore, Gujranwala, Faisalabad, and Multan Electric Supply Companies has been designated for Punjab. The ownership of Islamabad Electric Supply Company will be jointly shared by Punjab and the Federation.

Lastly, in accordance with the document, the ownership of Peshawar and Tribal Area Electric Supply Company will be transferred to Khyber Pakhtunkhwa.