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ISLAMABAD: Federal Minister for Privatisation Mohammed Mian Soomro and Minister for Industries and Production Khusro Bakhtiar co-chaired an inter-ministerial weekly progress review meeting on revival of the Pakistan Steel Mills Corporation (PSMC) on Friday.

Federal Secretary Privatisation Hasan Nasir Jamy, Secretary Industries Afzal Latif, Additional Secretary Industries and other seniors of the ministries attended the meeting.

Representatives of the Pakistan Steel Mills and SSGC participated via video links.

In the meeting, the Ministry of Industries and Production and the PSMC briefed about the update on the present status of the corporate actions regarding certificate of incorporation of new subsidiary, lease agreement of Jetty and right of way between Port Qasim Authority and the PSMC, arrangement of utility connections for new subsidiary, issuance of NOCs from National Bank of Pakistan, SSGC etc and approval by the NEPRA for issuance of power generation license for new subsidiary.

Copyright Business Recorder, 2021

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