The privatisation of RLNG-based 1,223MW Balloki and 1,230MW Haveli Bahadur power plants is in its final stages and is expected to be completed by mid of April 2020.
This was disclosed by Minister Mohammed mian Soomro during the 8th meeting of the Transaction Committee for Privatisation of National Power Parks Management Company Limited (NPPMCL). The meeting was jointly chaired by the Minister for Privatisation/Chairman, Privatisation Commission (PC) and Special Assistant to Prime Minister on Petroleum, Nadeem Baber.
The committee discussed in detail the progress in relation to a range of matters in connection with proposed privatization of two RLNG power plants: Haveli Bahadarshah and Balloki, after 12 investors were pre-qualified for the final bidding process. Chairman NEPRA reported significant progress in relation to matters within his purview.
The Special Assistant to the Prime Minister on Petroleum, Nadeem, said that Ministry of Energy and Petroleum had been fully cooperating and would be persistent in its support to resolve relevant matters in order to expedite the process.