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 Allocates Rs30 Billion For Interest On PIA’s Rs268.5 Billion Legacy Debt As Privatisation Costs Mount
The federal government has earmarked Rs30 billion in FY2026-27 to cover interest on PIA’s Rs268.5 billion legacy debt, as part of a broader Rs73 billion privatisation contingency provision.
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.
Federal Government Transfers 11 High Value PIA Properties to Acquiring Consortium
The Privatisation Commission informs the Senate that eleven domestic and international assets valued at 14.2 billion rupees have been transferred to the new PIA management.
Privatisation Commission Board Approves Transaction Advisory Agreement with Asian Development Bank for Islamabad Airport Outsourcing
The Privatisation Commission Board formalizes an advisory agreement with the Asian Development Bank to outsource Islamabad International Airport operations.
Imran Ghaznavi Appointed Privatisation Commission Spokesperson
The Privatisation Commission appoints seasoned communications professional Imran Ghaznavi to lead external relations and public messaging for the state divestment agenda.
Privatisation Commission Board Approves Major Restructuring and Transaction Plan for ZTBL
The Privatisation Commission Board has endorsed a strategic restructuring and transaction framework for Zarai Taraqiati Bank Limited to enhance its market value.
Pakistan Moves Closer to Privatisation of First Women Bank with Reference Price Recommendation
Pakistan moves forward with the privatisation of First Women Bank as the Privatisation Commission Board recommends a reference price to the Cabinet Committee, paving the way for a potential G2G deal with the UAE and signaling renewed investor confidence.