ISLAMABAD: The Privatisation Commission (PC) on Friday announced on Friday that nearly a dozen potential investors have expressed interest in acquiring the Heavy Electrical Complex (HEC) the only public sector entity which has the capacity to produce 70 heavy power transformers every year for all power distributing companies in the country.
Four local investors have already submitted their expression of interest (EoI) whereas some more are expected from local and foreign investors by Feb 9, which is the last date for submission.
At a roadshow held in Lahore on Thursday, potential investors sought details of the government offer in respect of HEC. A team of the PC led by Minister for Privatisation Muhammadmian Soomro responded to the inquiries of potential investors.