CCOP again fails to develop consensus on K-Electric’s sale

ISLAMABAD: With only six days left in the current government’s tenure, the issue of sale of majority stake in K-Electric – Pakistan’s largest integrated power utility – to a Chinese company remains far from settlement.

The Cabinet Committee on Privatisation (CCOP) on Friday again could not resolve the intricacies linked with the sale of 66.4% stake of KES Power Limited in K-Electric to China-based Shanghai Electric Power, said officials of the Ministry of Privatisation.

Published in The Express Tribune, 26th May, 2018