{
  "id": 14570823,
  "title": "No fresh approval required for Discos’ privatisation",
  "url": "https://urgent.news/2026/10/14/no-fresh-approval-required-for-discos-privatisation",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-14T23:57:49.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444307/no-fresh-approval-required-for-discos-privatisation"
  },
  "original_language": "en",
  "account": "The Privatisation Division has clarified that no new approval is needed for the privatisation of nine distribution companies (Discos) in Pakistan. The Council of Common Interests (CCI) approved the privatisation of these companies back in 2011, and the relevant law division has reconfirmed this decision in its letter dated 25 September 2026. The National Electricity Policy, dated 21 June 2021, allows the government to explore various options for privatisation to enhance the efficiency of state-owned entities, but both decisions remain pending. However, the Privatisation Commission's desire to proceed without seeking fresh approval from the CCI has raised concerns. The committee expressed reservations about the process being carried out without the necessary provincial approval or transfer to provincial authorities. The committee warned the commission to comply with the earlier direction or face possible parliamentary action.",
  "summary": "ISLAMABAD: The Privatisation Division submitted to the Senate Sub Committee of the Functional Committee on Devolution that the Council of Common Interests (CCI) had already approved the privatisation of three generation companies (GENCOs) and nine distribution companies (Discos) in 2011 and no fresh approval is required to take forward the privatisation process. According to Privatisation…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}