Govt Nears Sale of GEPCO

Notably, the privatization process of Gujranwala Electric Power Firm (GEPCO) has moved to the evaluation and prequalification stage after the administration received 11 Expressions of Interest (EOIs) from potential investors.

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• The Ministry of Privatization remarked in a post on X on Tuesday that the transaction will now undergo a structured evaluation and prequalification process.
• Qualified investors will then receive access to a Virtual Data Room for due diligence, followed by pre-bid negotiations and a competitive bidding process.
• The ministry remarked the process will focus on transparency, competition, efficiency and long-term value creation.

Notably, the Ministry of Privatization remarked in a post on X on Tuesday that the transaction will now undergo a structured evaluation and prequalification process. Govt Approves Restructuring Plan For 3 Major DISCOs Ahead Of Sale.

Meanwhile, the ministry remarked the process will focus on transparency, competition, efficiency and long-term value creation. Stay Connected with ProPakistani.

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For now, govt Nears Sale of GEPCO remains the part of the story worth watching, and further updates are likely as more details are confirmed.