Top Story
January 16, 2021
ISLAMABAD: With the possibility of accomplishing three transactions, including sale out of SME Bank till June 30, 2021, one of the major transactions for sale out of two Liquefied Natural Gas (LNG) fired power plants might get delayed and they may not be privatized by the first half of next fiscal year 2021-22, it was learnt. The sale out of SME Bank is on the cards with the expectation that its bidding will be done within the next couple of months. The possibility of sale out of Jinnah Convention Center, Islamabad, and Services Hotel, Lahore, are also on the cards within the current fiscal year. But all these three transactions cannot be completed without the support of the parent ministry or department.
Sale of two LNG fired power plants may get delayed
Top Story
January 16, 2021
ISLAMABAD: With the possibility of accomplishing three transactions, including sale out of SME Bank till June 30, 2021, one of the major transactions for sale out of two Liquefied Natural Gas (LNG) fired power plants might get delayed and they may not be privatized by the first half of next fiscal year 2021-22, it was learnt. The sale out of SME Bank is on the cards with the expectation that its bidding will be done within the next couple of months. The possibility of sale out of Jinnah Convention Center, Islamabad, and Services Hotel, Lahore, are also on the cards within the current fiscal year. But all these three transactions cannot be completed without the support of the parent ministry or department.