AIRLINK 75.25 Decreased By ▼ -0.18 (-0.24%)
BOP 5.11 Increased By ▲ 0.04 (0.79%)
CNERGY 4.60 Decreased By ▼ -0.15 (-3.16%)
DFML 32.53 Increased By ▲ 2.43 (8.07%)
DGKC 90.35 Decreased By ▼ -0.13 (-0.14%)
FCCL 22.98 Increased By ▲ 0.08 (0.35%)
FFBL 33.57 Increased By ▲ 0.62 (1.88%)
FFL 10.04 Decreased By ▼ -0.01 (-0.1%)
GGL 11.05 Decreased By ▼ -0.29 (-2.56%)
HBL 114.90 Increased By ▲ 1.41 (1.24%)
HUBC 137.34 Increased By ▲ 0.83 (0.61%)
HUMNL 9.53 Decreased By ▼ -0.37 (-3.74%)
KEL 4.66 No Change ▼ 0.00 (0%)
KOSM 4.70 Increased By ▲ 0.01 (0.21%)
MLCF 40.54 Decreased By ▼ -0.56 (-1.36%)
OGDC 139.75 Increased By ▲ 4.95 (3.67%)
PAEL 27.65 Increased By ▲ 0.04 (0.14%)
PIAA 24.40 Decreased By ▼ -1.07 (-4.2%)
PIBTL 6.92 No Change ▼ 0.00 (0%)
PPL 125.30 Increased By ▲ 0.85 (0.68%)
PRL 27.55 Increased By ▲ 0.15 (0.55%)
PTC 14.15 Decreased By ▼ -0.35 (-2.41%)
SEARL 61.85 Increased By ▲ 1.65 (2.74%)
SNGP 72.98 Increased By ▲ 2.43 (3.44%)
SSGC 10.59 Increased By ▲ 0.03 (0.28%)
TELE 8.78 Decreased By ▼ -0.11 (-1.24%)
TPLP 11.73 Decreased By ▼ -0.05 (-0.42%)
TRG 66.60 Decreased By ▼ -1.06 (-1.57%)
UNITY 25.15 Decreased By ▼ -0.02 (-0.08%)
WTL 1.44 Decreased By ▼ -0.04 (-2.7%)
BR100 7,806 Increased By 81.8 (1.06%)
BR30 25,828 Increased By 227.1 (0.89%)
KSE100 74,531 Increased By 732.1 (0.99%)
KSE30 23,954 Increased By 330.7 (1.4%)
Print Print 2020-02-07

RLNG plants' sell-off: Legal matters will be resolved promptly, Soomro assured

Federal Minister for Privatization, Mohammedmian Soomro and Punjab Law Minister Raja Basharat Thursday discussed legal matters relating to the privatization of power plants - Haveli Bahadarsh and Balloki - in Lahore. Additional Chief Secretary Punjab, Sec
Published 07 Feb, 2020 12:00am

Federal Minister for Privatization, Mohammed mian Soomro and Punjab Law Minister Raja Basharat Thursday discussed legal matters relating to the privatization of power plants - Haveli Bahadarsh and Balloki - in Lahore. Additional Chief Secretary Punjab, Secretary Municipal Authority, Secretary Irrigation and DG LDA also attended the meeting.

Punjab Law Minister Raja Basharat was briefed about the privatization of RLNG-based power plants Haveli Bahadarsh 1,230MW and Balloki 1,223MW. Punjab Law Minister said all matters relating to land conversion, relevant laws, and other legal complications regarding privatization of these power plants will be promptly resolved. Moreover, Federal Minister and Punjab Law Minister directed that the sub-committees to that effect be formulated to dispose of legal matters.

Mohammedmian Soomro visited LDA office Lahore and later National Power Parks Management Company NPPMCL.

Virtual Data Room (VDR) was also inaugurated by the Federal Minister Mohammedmian Soomro here. VDR is designed by the National Power Parks Management Company Limited (NPPMCL) to facilitate investors. VDR is a one-window platform which provides all the important information to investors regarding power parks under the NPPMCL.

Soomro appreciated the efforts of NPPMCL and advised to incorporate rapid response system in the VDR. The minister highlighted the importance of coordination between the different government entities for the facilitation of investors.

"MARKHOR" as a title name has been given to this VDR by Mohammedmian Soomro.

The VDR will contain more than 78,000 important documents and 474 different specialized folders for the public facilitation.-PR

Copyright Business Recorder, 2020

Comments

Comments are closed.