ISLAMABAD: Pakistan’s Privatisation Commission on Tuesday signed a Financial Advisory Services Agreement (FASA) with a consortium led by M/S Alvarez & Marsal Middle East Limited to facilitate private sector participation in three key power distribution companies.
The consortium includes International Consulting Associates (Pvt) Limited (iConsult), Yousuf Adil Chartered Accountants, Vellani & Vellani, Power Planners International Pvt. Ltd., and NEOS Group Inc. The agreement covers the privatisation of Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO), marking a significant step in the government’s broader energy sector reforms.
Gun, resident added, accidentally went off and the bullet hit him in chest, leaving him critically injured
IHC issues an order in this regard, during hearing on mother’s petition regarding disappearance of her two sons
PM says attitudes of extremism, hatred and division are contrary to Islam’s teachings of unity and brotherhood
Both sides discuss measures to ensure smooth operations including customs facilitation and regulatory alignment
PTI is united under leadership of party founder, Gohar said
Third-party audit played critical role in identifying non-compliant firms, leading to their immediate closure
