The interim government is currently exploring two significant options in response to the persistent challenges posed by circular debt and line losses within the power sector. One of these options involves the privatization of both power generation companies (Gencos) and distribution companies ...

According to a recent report by ARY News, the interest of Chinese parties in acquiring Pakistan Steel Mills (PSM) has dwindled significantly, with three out of the four initially interested parties no longer keen on the transaction. Federal Minister for Privatisation, Fawad Hassan Fawad, revealed ...

The schedule for the privatization of Pakistan International Airlines (PIA) has been officially established. A significant meeting took place, presided over by Caretaker Minister for Privatization, Fawad Hasan Fawad, where discussions centered on the restructuring of PIA and the ...

On Tuesday, Fawad Hasan Fawad, the Caretaker Minister for Privatization, presided over a meeting involving various stakeholders to discuss the restructuring of Pakistan International Airlines (PIA) in preparation for its privatization. The meeting included the Advisor to the Prime Minister on ...

On Thursday, Caretaker Prime Minister Anwaar ul Haq Kakar issued a directive to Minister for Privatization Fawad Hasan Fawad, tasking him with the responsibility of overseeing the expeditious privatization process of Pakistan International Airlines (PIA). The directive, delivered during a meeting ...

ISLAMABAD-Privatization Commission of Pakistan is working on reforms to bring transparency, uniformity and consistency in transaction management. A meeting chaired by the Minister for Privatization Muhammad Mian Soomro in Islamabad has been told that one hundred billion rupees have been included in ...

ISLAMABAD - Pakistan government offers Multi Billion dollars privatization deals. The Privatization Commission Board (PCB), headed by Minister of Privatization, Mohammad Mian Soomro, has pre-qualified 12 firms to bid for 2 multi-billion dollar LNG-fired power plants. The National Power Parks ...

Minister for Privatization Muhammad Mian Soomro called on Prime Minster Imran Khan in Islamabad on Friday. Special Assistant on Petroleum Division Nadeem Babar also called on Prime Minister Imran khan in Islamabad on Friday.

Minister for Privatization Muhammad Mian Soomro called on Prime Minster Imran Khan in Islamabad on Friday. Special Assistant on Petroleum Division Nadeem Babar also called on Prime Minister Imran khan in Islamabad on Friday. 

Senate was informed that government has no plan of privatization of Pakistan International Airlines and an improvement plan is being prepared to make the national carrier stand on its feet.  Responding to a question during Question Hour at the Upper House of Parliament today, Federal Minister ...