privatization News
Govt floats EOIs for privatization of FESCO, GEPCO and IESCO
The Government of Pakistan, through the Privatization Commission, has formally invited Expressions of Interest (EOIs) from local and international investors for the privatization of three major electricity distribution companies Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO).
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Which SOEs are next in Pakistan’s privatisation drive?
The Privatisation Commission (PC) Board has approved major adjustments to Pakistan’s privatisation programme, by bringing three state-owned enterprises (SOEs) into the active list while recommending the removal of two, according to details shared by Khurram Schehzad, Advisor to Finance Minister on X.
Go to article Privatisation Commission signs FASA for HESCO and SEPCO Privatisation
The Privatisation Commission has entered into a Financial Advisory Services Agreement (FASA) with Raiffeisen Investment Finansal Danismanlik Hizmetleri Limited Sirketi to move forward with the privatisation of Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO).
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Govt moves closer to privatization of First Women Bank
The Privatisation Commission (PC) Board has recommended a reference price for the privatization of First Women Bank Limited (FWBL) to the Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT), Khurram Schehzad, Advisor to the Finance Minister, shared on X (formerly Twitter) today.
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