Published on, Sept. 7 -- September 7, 2025 6:24 PM

The federal government has officially started the privatisation process for two major power distribution companies, Lahore Electric Supply Company (LESCO) and Multan Electric Power Company (MEPCO), aiming to improve efficiency, transparency, and investor confidence.

To accelerate the process, the Privatisation Commission directed the Power Division to submit detailed records of company assets, property transfers, and shareholdings. Officials confirmed that ownership titles and shares are already being streamlined for handover.

Furthermore, MEPCO management has begun updating its financial data, including balance sheets and off-balance-sheet records. The Commission also requested the co...