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Privatisation Commission completes 1st strategic sale since 2008: National Power Construction Company sale concludes

Islamabad, December 01, 2015 (PPI-OT): PC could count another feather in its cap as the sale of the National Power Construction Company (NPCC) concluded and became the FIRST Strategic Sale to be completed since 2008. The NPCC sale has earned Pakistan USD 25 million, 90% of which will go towards debt reduction while 10% will be used for poverty alleviation.

NPCC has been bought by Saudi-based company Mansour Al Mosaid Limited Company and was officially handed over today at a special ceremony attended by Chairman PC, Mr. Muhammad Zubair and other dignitaries.

For more information, contact:
Privatisation Commission
5-A EAC Building Constitution Avenue,
Islamabad- Pakistan
Tel: +9251 920 5146 -47
Fax: +9251 920 3076
Email: info@privatisation.gov.pk

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