The Privatisation Commission (PC) will hold bidding for the sale of minimum of 90 percent shares of Hazara Phosphate Fertilisers Ltd (HPFL), owned by National Fertilisers Corporation of Pakistan (NFC), on Monday, December 4 at 10 am in the conference room of the Privatisation Commission here, says a press release.
It is located at Haripur (NWFP), 75-km from Islamabad. The factory is situated on 57 acres on developed land and includes factory, housing and other amenities.
The parties, which have been pre-qualified include Al-Hamza Ship Breaking Company & Group, Karachi; Allah Din Group of Companies, Lahore; Al-Tuwairqi Group of Companies, Karachi; Amjad Textile Mills Limited, Lahore; Chanar Sugar Mills Limited, Lahore; Nishat (Chunian) Limited, Lahore, TN Associates, Islamabad and Zaver Mining Company (Pvt) Limited, Islamabad. The interested parties have already completed the due diligence of the transaction.
HPFL produces 90,000 metric tons per annum of Granular Single Super Phosphate (GSSP) and 30,000 metric tons per annum of Sulphuric Acid required for the production of GSSP. The plant was rehabilitated and re-commissioned in April 1999.