Proposal to introduce 2 models for privatization of electricity companies. 📌 Key Highlights & Quick Takeaways: The government has proposed to introduce a two-tier business model for the privatization of electricity distribution companies (DISCOs), whe. The approval of the proposed model is subject to the Power Sector Reforms Steering Committee and the Federal Cabinet. Under this plan, the g. Initially, the electricity distribution companies of Faisalabad, Gujranwala and Islamabad are being offered for privatization. The government has proposed to introduce a two-tier business model for the privatization of electricity distribution companies (DISCOs), whereby the successful buyer will own the company's poles, wires and distribution infrastructure, but can hand over other commercial aspects, including electricity sales, billing and receipts, to other private sector investors through auctions. The approval of the proposed model is subject to the Power Sector Reforms Steering Committee and the Federal Cabinet. Under this plan, the government will only regulate the buyer of the electricity distribution company, which will be called the supplier of last resort. Initially, the electricity distribution companies of Faisalabad, Gujranwala and Islamabad are being offered for privatization. Under the proposed system, other private sector investors, who will be called competitive suppliers, will be able to conduct electricity supply and sales business relatively freely, however, they will also have to bear the capacity payments (capacity payments) generated under the previous contracts of the government along with the purchase of electricity in proportion to the respective consumers. According to the government proposal, consumers are bearing the burden of capacity payments of about 1. 7 trillion rupees annually in the electricity sector. Official Wire Source & Legal Disclaimer Read ▼ 📰 Official Source & Legal Provenance: Express News Documented Wire Record Editorial & Legal Notice: Ingested and verified from official journalistic wire (Express News) under applicable press regulations. Full primary documentary sources are permanently archived.