SEPCO is dealing with important transmission losses, estimated at round 35 %, sources
The federal authorities has accelerated the privatization course of for HESCO (Hyderabad Electrical Provide Firm) and SEPCO (Sukkur Electrical Energy Firm) following calls for from the Worldwide Financial Fund (IMF) for its well timed completion, sources mentioned.
Officers have instructed the monetary advisers appointed for the 2 energy distribution firms to satisfy their deadlines. These advisers have been introduced on board in November 2025 to supervise the deliberate sell-off of HESCO and SEPCO, in keeping with the sources.
As a part of their mandate, the monetary advisers are chargeable for conducting thorough due diligence, partaking in market sounding, and finishing up investor outreach. They’re additionally anticipated to assist the related fee in structuring, advertising and marketing, and executing a clear, aggressive bidding course of in keeping with the federal government’s privatization framework and regulatory necessities.
The advisers have already accomplished inspections of each firms and have superior by a number of phases of making ready due diligence reviews. They’ve now been instructed to finalize their findings in reference to the deliberate privatization.
Sources highlighted that SEPCO is dealing with important transmission losses, estimated at round 35 %. The IMF has emphasised the pressing want for rehabilitation and privatization of each SEPCO and HESCO, the sources added.
A finance ministry report famous that losses at SEPCO elevated by Rs30 billion by the top of 2024. One other report on state-owned enterprises confirmed that HESCO’s cumulative losses have surged to Rs488 billion by the top of 2024.
