ISLAMABAD: Federal Minister for water and power Syed Naveed Qamar has reiterated the stance that power sector would not be privatized at any cost and in this regard no plan is under consideration.

Talking to media men after talks with representatives of Hydro Electrical central labor union here on Saturday Federal Minister said that news about privatization of power sector is baseless. He said that government has decided to revoke the operate and manage policy.

Federal minister said government is taking certain steps to eliminate electricity theft from the country. He said that to remove theft government is doing legislation and afterwards electricity theft would be dealt under criminal procedure act.

He said that officials of distribution companies or consumers who are involved in electricity theft would be dealt under criminal codes and stern action would be taken against them.

Talking about the appointment of CEO in distribution and generation companies, Syed Naveed Qamar said that on the return of the Prime Minister Syed Yusuf Raza Gilani appointment of Chief Executive officers in Discos and GENCOs would be discussed.

Federal Minister rejected the notion that all the CEOs would be appointed from private sector.

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