NPPMCL seeks financial adviser for Balloki and Haveli privatisation
The government-owned National Power Parks Management (NPPMCL), through Privatisation Commission (PC) of Pakistan, seeks financial adviser for the 1,230MW Haveli Bahadur Shah and 1,233MW Balloki regasified liquid natural gas (RLNG) power plants privatization. The projects are located in Punjab, India. The 2 facilities are part of a pipeline of 8 entities to be taken private. Both assets were commissioned last 2018,
The expressions of interest (EOIs) from interested parties have until 7 February 2019 to submit EOIs. The PC is also looking to appoint a legal adviser.
The 8 entities to be privatized are the following:
- Balloki power plant
- Haveli Bahadur power plant
- First Women Bank
- Jinnah Convention Centre in Islamabad
- Lakhra Coal Development Company (formerly Lakhra Coal Mines)
- Mari Petroleum (divestment of remaining shares)
- Services International Hotel in Lahore
- SME Bank
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