12 groups show interest in Fesco
4 Articles
4 Articles
12 Investors Bid for FESCO Stake
The Privatisation Commission has received Expressions of Interest (EOIs) from 12 investors for Faisalabad Electric Supply Company (FESCO). The investors seek a 51% to 100% stake in the power distributor. They also want management control. The response marks strong interest in Pakistan’s electricity distribution sector. It also supports the government’s ongoing power sector reforms. Chinese and Turkish Firms Join Race The investor group includes …
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