Privatisation Commission to speed up SPO

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Privatisation Commission Board on Tuesday decided to accelerate the Secondary Public Offering (SPO) of Pakistan Petroleum Limited (PPL) while it was informed that five parties were pre qualified for the privatization of the National Power Construction Company (NPCC). The meeting was chaired by the Minister for Privatisation Ghous Bux Khan Mahar. The minister directed PC to exercise utmost transparency at every phase of the privatisation process of public sector entities for their value addition and to associate all stakeholders for their complete satisfaction in an open and fair manner. The board reviewed the implementation status of the decisions taken in the earlier meeting and the progress of other various on going and upcoming transactions.