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Finance Minister Directs Cabinet Committee on Restructuring to Expedite the Restructuring Process of Disco’s

Islamabad: A meeting of Cabinet Committee on Restructuring (CCOR) held here today under the chairmanship of Federal Minster for Finance and Economic Affairs Dr. Abdul Hafeez Shaikh to discuss reforms in power sector.

The CCOR informed minister about the implementation status of restructuring plan of Distribution Companies DISCO’s. Finance Minister directed CCOR to expedite the restructuring process in order to streamline the functioning of DISCO’s.

The committee discussed the status of pending hearing cases in court on tariff increase and fuel adjustment. Tariff regulation by NEPRA was deliberated in the meeting.

Minister for Water and Power, Secretary Finance, Secretary Water and Power, Deputy Chairman Planning Commission and other concerned officials were present in the meeting.

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