International Companies Show Interest in Gepco Privatisation

Pakistani, Turkish, Saudi companies show interest in Gepco privatisation, commission says

ISLAMABAD: The Privatisation Commission (PC) on Friday said it had received an overwhelming response from domestic and international investors to the proposed privatisation of Gujranwala Electric Power Company (Gepco). “Today on the closing date for submission of Expressions of Interest (EOIs), the Commission has received EOIs from 11 prospective investors seeking to acquire 51 to 100pc shareholding in Gepco together with management control,” the commission announced. The interested parties i...

By [email protected] (Khaleeq Kiani)