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PRIVATISATION OF KARACHI ELECTRIC SUPPLY CORPORATION DELAYED.

AsiaPulse News

| November 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ISLAMABAD, Nov 1 Asia Pulse - The Privatisation Commission has delayed the sale of a 74 per cent stake in the Karachi Electric Supply Corporation (KESC), as the pre-qualified bidders have asked for more time to assess the new government, sources said.

The sale, which was earlier planned before the general elections on October 10, has been delayed until March or April next year to give the bidders time to judge the formation of the next government.

AES Corporation of ...

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Source: HighBeam Research, PRIVATISATION OF KARACHI ELECTRIC SUPPLY CORPORATION DELAYED.

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