Pakistan Weighs Political Risk Guarantees to Attract Investors for Discos
Pakistan is considering political risk guarantees and regulatory reforms to attract local and foreign investors for the privatisation of electricity distribution companies.
CCoP Seeks Alternative Circular Debt Financing Mechanism Before FESCO, GEPCO And IESCO Privatisation
Cabinet Committee on Privatisation directs Power and Finance divisions to develop an alternative to Circular Debt Financing before the privatisation of FESCO, GEPCO and IESCO.
Lucky Cement Consortium Submits EOI, Cleared For FESCO Due Diligence
A consortium led by Lucky Cement, with Hub Power Holdings, Kohat Cement and Metro Ventures, has been pre-qualified to conduct financial, technical and legal due diligence on FESCO as part of the government’s privatisation process.
Govt Approves Restructuring Plan for FESCO, GEPCO and IESCO
Pakistan’s Cabinet Committee on Privatisation approves the restructuring plan for FESCO, GEPCO and IESCO, covering selected assets, liabilities and employee benefits.