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Privatisation Commission prequalifies 9 parties for GEPCO sale
The Privatisation Commission (PC) Board on Monday approved the prequalification of nine interested parties for the privatisation of Gujranwala Electric Power Company (GEPCO), paving the way for the next stage of the transaction. The decision was taken during the 259th meeting of the PC Board, chaired by Prime Minister’s Adviser on Privatisation and Privatisation Commission Chairman Muhammad Ali. The board was informed that 11 Expressions of Interest (EOIs) had been received for the acquisition of 51% to 100% shareholding in GEPCO, along with management control. Following evaluation against the...
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