THE LIVING DEAD: AN INVESTIGATION OF ELECTRICITY DISTRIBUTION COMPANIES IN PAKISTAN AS ZOMBIE COMPANIES

NEPRA approved the Implementation Roadmap of Competitive Trading Bilateral Contracts Market (CTBCM) in November, 2020 to channelize competition power sector under reforms. The financial statements all 10 Distribution Companies (DISCOs) reveal their unviability procure without sovereign guarantees government. This conclusion begs question that even after reveling 20 years monopoly, DISCOs have failed establish themselves as a financially viable utility, would they be able absorb competitive market regime? study attempts analyze whether will continue bleeding protected by government or participate efficiently. Keywords: Reforms, DISCOs, Financial Viability, Performance, Zombies, ICR.