Privatisation Commission power ahead in Pakistan

Article Abstract:

A number of privatisation schemes are currently being discussed by the Pakistan government's Privatisation Commission. These include the sale of a 10% stake in the 1,600MW power plant at Kot Addu, which is at present controlled by the state Water and Power Development Authority. However, National Power recently purchased a 26% stake and has expressed interest in purchasing a further 10%. The commission is also considering selling a 26% stake with management control in the 880MW Jamshoro power station.

Electric power-plants, Electric power plants

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Japan power firm targeted

Article Abstract:

The Japanese Ministry of International Trade and Industry is looking at ways of increasing competition among the country's electric utilities. At present, the country is split between 10 private utilities, and there is little competition between them. It is possible that quasi-governmental Electric Power Development Co may be privatised, becoming an independent power wholesaler. This would play a key role in increasing competition in the power generation sector.

Management, Planning, Japan, Electric power production, Electric Power Development Company Ltd.

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Pakistan Power divestment

Article Abstract:

Pakistan plans to privatize the Karachi Electricity Supply Company and the Faisalabad Electric Supply Company. There are financial difficulties in the Pakistan Water and Power Development Authority and a complete reorganization of the industry is necessary so these privatization plans are not close to taking place.

Public Finance Activities, Acquisitions & mergers, Financial Administration-Natl Govt, Pakistan, Economic policy, Public finance

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