KARACHI, Pakistan, Sept 6 (Reuters) – Pakistan is considering selling stakes in three high performing state-owned power distribution companies through an initial public offering, officials said on Wednesday, as the country looks to resolve financial issues facing the debt-ridden sector. The South Asian nation’s power sector has been plagued by high rates of power theft and distribution losses, resulting in accumulating debts across the production chain – a concern also raised by the International Monetary Fund (IMF). “Eventually, our way is through privatisation,” Secretary of the Power division Rasheed Langrial told journalists in Islamabad, adding that there was “serious thought” for an
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