The Privatisation Commission (PC) has scheduled 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 December 4 here.
According to a statement here on Sunday, the parties, which have been pre-qualified include Al-Hamza Ship Breaking Company, 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 tonnes 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.