The Privatisation Commission (PC) Board, in its 251st meeting held today under the chairmanship of Mr. Muhammad Ali, Adviser to the Prime Minister on Privatisation, made key recommendations to the Cabinet Committee on Privatisation (CCoP) regarding the privatisation of Zarai Taraqiati Bank Limited (ZTBL).
The Board endorsed the proposed transaction structure and a comprehensive restructuring plan for Zarai Taraqiati Bank Limited, following a detailed presentation by the financial adviser. The proposals were refined after extensive deliberations, with a focus on maximising value for the Government of Pakistan. These recommendations will now be submitted to the CCoP for consideration at its forthcoming meeting.
The Board reaffirmed its strong commitment to advancing the government’s privatisation agenda with efficiency, transparency, and strategic focus.
Clarification
With reference to a news item published in Business Recorder on April 29, 2026, regarding the privatisation process of the first batch of power distribution companies (DISCOs), the Privatisation Commission clarifies that the transaction structure and restructuring plans for Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO) were approved by the PC Board in its meeting held on April 14, 2026.
These will now be considered by the Cabinet Committee on Privatisation (CCoP) at its forthcoming meeting. Following approval by the CCoP, Expressions of Interest (EOIs) for the privatisation of the three DISCOs in the first batch will be invited.
