Energy Experts Advocate for Discos Privitization

Islamabad: Energy Experts have dvocated for Privatization as a Catalyst for Reform in Pakistan’s DISCOs.

A consultation by the Parliamentary Forum on Energy and Economy brought together key stakeholders to address the future of Electricity Distribution Companies (DISCOs) in Pakistan. Ayaz Sadiq, Speaker of the National Assembly, discussed the global challenge of power tariffs, stressing the historical consequences of loadshedding that once deterred investments and heightened inefficiencies in the energy sector of Pakistan.Energy Experts Hail K-Electric’s Privatization as a Role Model for other DISCOs

The discussions explored various reformative approaches for DISCOs, pinpointing privatization as a crucial strategy. Shaheera Tahir from PRIED recommended using Karachi Electric (KE) as a model for improving accessibility and responsiveness in other DISCOs. She advocated for starting reforms internally with accountable governance and maintenance.

Energy advisor – APTMA Tahir Basharat Cheema highlighted the sector’s fiscal issues, including circular debt, and pointed out the developmental initiatives by KE as examples of positive change, though he noted the challenges in tariff reductions due to policy constraints.

Tauseef H. Farooqui, former Chairman of the National Electric Power Regulatory Authority (NEPRA), praised KE’s performance improvements and safety record, citing zero deaths associated with its infrastructure during his tenure and the implementation of over 200,000 pole earthings under the Roshni Baji Programme. He acknowledged KE’s commendable ESG initiatives and the collaboration that spurred these advancements. However, Farooqui emphasized the need for increased focus on affordability and renewable energy projects, underscoring the regulatory body’s pivotal role in enhancing the power sector’s performance, whether or not DISCOs are privatized.

The session also reviewed international models, assessing their applicability to Pakistan’s context and drawing lessons from global best practices in energy management.

The event wrapped up with insights from Sharmila Faruqui, Asad Alam Niazi, and other prominent figures, who underscored the imperative for cohesive federal and provincial efforts to ensure a reliable, efficient, and progressive energy framework across the nation.