PID

PR No. 148
Meeting on HEC Privatisation
Islamabad: December 18, 2023

The Caretaker Federal Minister for Privatisation, Fawad Hasan Fawad, chaired a meeting to review the progress on sale/privatisation of Heavy Electrical Complex (HEC) today at the Privatisation Division. The Minister directed the buyer, IMS Engineering to complete all formalities and paperwork required for completion of the transaction by the end of the month. All stakeholders including IMS Engineering, the Financal Advisor, Ministry of Industries and Bank of Khyber attended the meeting. The stakeholders discussed and finalised the roadmap for the conclusion and settlement of the sale agreement.

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GOVERNMENT OF PAKISTAN PRESS INFORMATION DEPARTMENT

GOVERNMENT OF PAKISTAN

PRESS INFORMATION DEPARTMENT

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MEDIA CARD

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NAME OF EDITOR

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Name of Newspaper/ News Agency/ TV Channel

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PR No. 148 Meeting on HEC Privatisation Islamabad: December 18, 2023

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OFFICIAL POSITION

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PR No. 148
Meeting on HEC Privatisation
Islamabad: December 18, 2023