AGL 38.89 Increased By ▲ 0.87 (2.29%)
AIRLINK 206.50 Increased By ▲ 9.14 (4.63%)
BOP 9.52 Decreased By ▼ -0.02 (-0.21%)
CNERGY 6.22 Increased By ▲ 0.31 (5.25%)
DCL 9.14 Increased By ▲ 0.32 (3.63%)
DFML 37.94 Increased By ▲ 2.20 (6.16%)
DGKC 97.58 Increased By ▲ 0.72 (0.74%)
FCCL 35.71 Increased By ▲ 0.46 (1.3%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.86 Increased By ▲ 0.69 (5.24%)
HUBC 129.50 Increased By ▲ 1.95 (1.53%)
HUMNL 13.61 Increased By ▲ 0.11 (0.81%)
KEL 5.45 Increased By ▲ 0.13 (2.44%)
KOSM 7.23 Increased By ▲ 0.23 (3.29%)
MLCF 44.85 Increased By ▲ 0.15 (0.34%)
NBP 60.74 Decreased By ▼ -0.68 (-1.11%)
OGDC 218.50 Increased By ▲ 3.83 (1.78%)
PAEL 40.81 Increased By ▲ 2.02 (5.21%)
PIBTL 8.43 Increased By ▲ 0.18 (2.18%)
PPL 197.16 Increased By ▲ 4.08 (2.11%)
PRL 39.90 Increased By ▲ 1.24 (3.21%)
PTC 27.37 Increased By ▲ 1.57 (6.09%)
SEARL 107.69 Increased By ▲ 4.09 (3.95%)
TELE 8.56 Increased By ▲ 0.26 (3.13%)
TOMCL 35.94 Increased By ▲ 0.94 (2.69%)
TPLP 13.73 Increased By ▲ 0.43 (3.23%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 33.23 Increased By ▲ 0.26 (0.79%)
WTL 1.68 Increased By ▲ 0.08 (5%)
BR100 11,996 Increased By 269.5 (2.3%)
BR30 37,173 Increased By 796.8 (2.19%)
KSE100 112,408 Increased By 2894.9 (2.64%)
KSE30 35,454 Increased By 940.3 (2.72%)
Print Print 2020-02-07

RLNG plants' sell-off: Legal matters will be resolved promptly, Soomro assured

Federal Minister for Privatization, Mohammedmian Soomro and Punjab Law Minister Raja Basharat Thursday discussed legal matters relating to the privatization of power plants - Haveli Bahadarsh and Balloki - in Lahore. Additional Chief Secretary Punjab, Sec
Published 07 Feb, 2020 12:00am

Federal Minister for Privatization, Mohammed mian Soomro and Punjab Law Minister Raja Basharat Thursday discussed legal matters relating to the privatization of power plants - Haveli Bahadarsh and Balloki - in Lahore. Additional Chief Secretary Punjab, Secretary Municipal Authority, Secretary Irrigation and DG LDA also attended the meeting.

Punjab Law Minister Raja Basharat was briefed about the privatization of RLNG-based power plants Haveli Bahadarsh 1,230MW and Balloki 1,223MW. Punjab Law Minister said all matters relating to land conversion, relevant laws, and other legal complications regarding privatization of these power plants will be promptly resolved. Moreover, Federal Minister and Punjab Law Minister directed that the sub-committees to that effect be formulated to dispose of legal matters.

Mohammedmian Soomro visited LDA office Lahore and later National Power Parks Management Company NPPMCL.

Virtual Data Room (VDR) was also inaugurated by the Federal Minister Mohammedmian Soomro here. VDR is designed by the National Power Parks Management Company Limited (NPPMCL) to facilitate investors. VDR is a one-window platform which provides all the important information to investors regarding power parks under the NPPMCL.

Soomro appreciated the efforts of NPPMCL and advised to incorporate rapid response system in the VDR. The minister highlighted the importance of coordination between the different government entities for the facilitation of investors.

"MARKHOR" as a title name has been given to this VDR by Mohammedmian Soomro.

The VDR will contain more than 78,000 important documents and 474 different specialized folders for the public facilitation.-PR

Copyright Business Recorder, 2020

Comments

Comments are closed.