The Cabinet Committee on Privatisation (CCoP) is likely to approve transition structure and pre-privatisation liabilities of Karachi Electric Supply Corporation (KESC) in its meeting here on Wednesday. Prime Minister Shaukat Aziz will be in the chair. According to the agenda circulated to all relevant Ministries and Divisions, CCoP will approve transaction structure and pre-privatisation liabilities of KESC, privatisation of National Investment Trust (NIT), besides approval of offer price for IPO of Kot Addu Power Company (Kapco).
The CCoP will also give approval of reference price for privatisation of CTI, transaction structure for the privatisation of National Refinery Limited (NRL), Initial Public Offering (IPO) of United Bank Limited (UBL), privatisation of Lasbella Textile Mills (LTM).
The committee will also discuss the possibility to include Tomato Paste Plant in the privatisation programme, privatisation of International Advertising Limited (IAL), inclusion of Printing Corporation of Pakistan (Private) Limited (PCPL) in the Privatisation Programme, transaction structure for ICP Shell Company and sale of 10 percent share of Nowshera PVC Limited.
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