Independent directors for Discos approved

ISLAMABAD: The Cab­inet Committee on State-Owned Enterprises (CCo­SOEs) made a significant decision on Monday, appro­ving the Power Divis­ion’s proposal for the nomination of independent directors for specific electricity distribution companies.

This decision, which is now set for onward submission to the cabinet, is very important for the future of these companies.

The committee meeting, chaired by Finance Min­ister Muhammad Aura­ngzeb, didn’t approve the Ministry of Railways’...