ADB Meets Minister: Investment Sought to Ready Discos for Privatisation

Asian-bank

ISLAMABAD — Minister for Power Sardar Awais Khan Leghari has called on development partners, including the Asian Development Bank (ADB), to invest in preparing Pakistan’s power Distribution Companies (Discos) for privatisation. The minister shared this proposal during a meeting with an ADB delegation led by Country Director Xiaoqin (Emma) Fan.

Discussions centered on energy sector collaboration, with Leghari commending ADB’s contributions to Pakistan’s energy development, especially in transmission infrastructure. The minister outlined the government’s reform plans, noting the establishment of the Power Planning and Monitoring Company (PPMC) to provide policy guidance, replacing the former PEPCO.

Emma Fan highlighted ADB’s commitment to enhancing the sustainability, modernisation, and efficiency of Pakistan’s energy sector, adding that ongoing projects also address climate change and private sector development. The Power Division affirmed continued cooperation with ADB and other partners, while insiders caution that ongoing IPP negotiations could affect the privatisation timeline.

Story by Mushtaq Ghumman

Related posts