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Four local firms submit EoI for HEC - Newspaper - Vimarsana News

Four local firms submit EoI for HEC - Newspaper

ISLAMABAD: The Priva­t­i­sation Commission (PC) on Friday announced on Friday that nearly a dozen potential investors have exp­r­e­ssed int­e­r­est in acquiring the Heavy Electrical Complex (HEC) — the only public sector entity which has the capacity to produce 70 hea­vy power transformers eve­ry year for all power distributing companies in the country. Four local investors have already submitted their exp­r­ession of interest (EoI) whe­r­eas some more are expected from local and foreign investors by Feb 9, which is the last date for submission. At a roadshow held in Lah­ore...

Source: dawn.com