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Saturday, December 28, 2024

Home Business No plans to hand over DISCOs to any institution: ministry

No plans to hand over DISCOs to any institution: ministry

by News desk
January 12, 2024
in Business

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The Ministry of Energy, Power Division, has officially denied reports regarding the transfer of control over Distribution Companies (DISCOs) to any institution.

The ministry in a press release issued on Thursday, clarified that there have been no changes in the management of DISCOs.

It further stated that there are no plans in place to handover DISCOs to any institution of the State.

This statement comes in response to recent speculations circulating in the media about a potential handover of DISCOs.

“Neither is there any change in the management of DISCOs nor are they being handed over to any other institution. There are no plans in place to hand over DISCOs to any institution.—INP