PPI Original Text (PPI-OT) – Update Petrol Privatisation of National Power Construction Company at Advanced Stage

Islamabad, May 10, 2012 (PPI-OT): Mr. Ghous Bux Khan Maher, Chairman, Privatisation Commission Board and Federal Minister for Privatisation chaired a pre-bid meeting today in the committee room of the Privatisation Commission.

A team of Financial Advisor hired for the transaction of National Power Construction Company (NPCC) and representative of bidding companies attended the meeting. Advisor of Ministry of Water and Power and senior officers of NPCC along with CEO were also present in the meeting.

The question/queries of bidders were listened carefully by the Privatisation Commission team and addressed up to the satisfaction of bidders. Time schedule for the remaining activities for privatisation of NPCC was also discussed and decided to complete the transaction before the end of current financial year.

For more information, contact:
Privatisation Commission
5-A EAC Building Constitution Avenue,
Islamabad- Pakistan
Tel: +9251 920 5146 -47
Fax: +9251 920 3076
Email: info@privatisation.gov.pk

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