PD moved to monetise transmission infrastructure

The Power Division has reportedly been approached with a proposal to monetise the existing national transmission infrastructure through the issuance of investment units to overseas long-term investors, well-informed sources told Business Recorder. Dominari Securities LLC, a New York-based financial advisory and wealth management firm, has proposed a framework aimed at unlocking capital tied to the national grid without privatisation or additional fiscal burden on the government. In a communication to Syed A Hadi, Senior Advisor (Capital Markets) at the Special Investment Facilitation Council (SIFC), Farooq Awan of Dominari Securities LLC shared a policy brief prepared for the Federal Minister for Power.