The Privatisation Commission (PC) has given final invitation to the qualified strategic investors, consortia of strategic/ financial investors, interested in acquiring 51 percent interest in Jamshoro Power Company (JPC), including its management control, to submit their expression of interest (EoI) latest by November 30.
Parties with relevant credentials, submitting the EoIs, will be required to dispatch a request for statement of qualification (RSOQ) from September 15.
Parties, who have already submitted the EoIs and have been pre-qualified, need not apply afresh.
However, the new entrants have been asked to furnish their EoIs along with brief profile of the potential investor with non-refundable processing fee.
A preliminary information memorandum, containing more detailed information on the JPC, is available with the Privatisation Commission and will be provided free of charge on request.
The JPC Limited holds property, rights, assets and liabilities of two power stations, Jamshoro, an 880-MW gas and furnace oil-fired power plant, and Kotri, a 174-MW gas-fired power plant. The assets are strategically positioned in Pakistan Grid.
The Jamshoro facilities are located 18-kilometres from Hyderabad and 165-kilometre north-east of Karachi, while Kotri facilities are located within the environment of Hyderabad.
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