BusinessPrivatization plan of 5 worthwhile energy corporations ready

Privatization plan of 5 worthwhile energy corporations ready


A plan to denationalise 5 worthwhile energy corporations was ready.

In keeping with Ministry of Privatization sources, the ability corporations embody Lesco, Fesco, Isco, Mapco and Gapco.

Within the first section, it has been determined to kind the brand new board of those corporations, the 12-member board has despatched the abstract to the cupboard for remaining approval.

In keeping with the sources of the Ministry of Privatization, these 12 members would be the administrators of the 5 boards, these members will take care of all issues together with privatization.

In keeping with the sources, the Power Ministry’s proposal to denationalise loss-making corporations was rejected.

Sources say that the privatization of discos is prone to make electrical energy dearer.

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