AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)
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.