Approval to dissolve boards of 9 state-owned electrical energy distribution corporations – Enterprise & Economic system

Approval was given to dissolve the boards of 9 state-owned electrical energy distribution corporations. In keeping with the sources, the cupboard committee chaired by the finance minister permitted the dissolution of the boards of the state-owned enterprises.

In keeping with the sources, the notification to dissolve the boards can be issued following approval from the cupboard, the committee permitted the formation of recent boards of 9 distribution corporations.

On this regard, sources mentioned that the Cupboard Committee permitted the advice of the Board Nominations Committee headed by Minister Energy.

It has been determined to kind new boards of LESCO, FESCO, MAPCO, GAPCO and ISCO.

In keeping with authorities sources, the prime minister had stopped the restructuring of the boards of SEPCO and HESCO.