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Tag Archives: Heavy Electrical Complex advances

Privatisation process of PSM, Heavy Electrical Complex advances


November 17, 2020

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Monday approved the transaction structure for the divestment of 96.6 per cent shares of Heavy Electrical Complex (HEC), and constituted a committee to improve upon the transaction structure for Pakistan Steel Mills (PSM). Chaired by Adviser to Prime Minister on Finance and Revenue Abdul Hafeez Shaikh, the CCoP also instructed the Ministry …

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