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.
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.
12 Investor Consortiums Submit EOIs For FESCO Privatization As Pakistan Sees Strong Investor Interest
Twelve investor consortiums, including groups from Turkey, China and Pakistan, have submitted Expressions of Interest for the privatization of Faisalabad Electric Supply Company as Pakistan advances reforms in the power distribution sector.
Prime Minister Shehbaz Sharif Orders Timely Completion Of Pakistan’s Privatization Programme
Prime Minister Shehbaz Sharif has directed authorities to complete Pakistan’s privatization programme within set timelines, while preserving Zarai Taraqiati Bank’s agricultural lending mandate.