ISLAMABAD: The Ministry of Privatisation has listed 17 State Owned Enterprises (SOEs) for privatisation in the first phase. Initially there were seven SOEs that have been selected for privatisation but now the government has added 10 more state entities in the privatisation list.The list is given bellow:active privatisation programmeS # Name of PSE Government of Status UpdatePakistan Shares07 Transactions Previously initiated1 1223 MW Balloki Power Plant 100% l Financial Advisor Hiredl Due Diligence Completed2 1230 MW Haveli Bahadur Power Plant 100%3 SME Bank Limited 93.88% l Financial Advisor Hiredl Due Diligence is under process4 Services International Hotel, Lahore NICL: 94% l Financial Advisor HiredPCBL: 06% l Due Diligence is under process5 Jinnah Convention Centre, Islamabad 100% l Shortlisting of EoIs Completedl Hiring of Financial Advisor - First week of October, 20196 Mari Petroleum Limited(divestment of remaining shares) 18.39% l Transfer Notice issued to JV Partnersl JV Partners requested for Auditor’s Certificate for fair price determination7 Pakistan Steel Mills (Revival) 100% l EoI for FA submission date 29.08.2019l Shortlisting of parties under process10 New Initiated Transactions8 Guddu Power Plant (747 MW) -Central Power Generation Company Ltd –CPGCL (GENCO – II) 100% l EoI for FA published on 29.08.2019l Last date of submission is 02.10.20199 Nandipur Power Plant (425 MW) –Northern Power Generation Company Ltd –NPGCL (GENCO – III) 100% l EoI for FA published on 29.08.2019l Last date of submission is 02.10.201910 First Women Bank Limited (FWBL) 82.6% l EoI for FA published on 29.08.2019l Last date of submission is 02.10.201911 House Building Finance Corporation (HBFC) 100% l EoI for FA published on 29.08.2019l Last date of submission is 02.10.201912 Heavy Electrical Complex (HEC) 100% l EoI for FA published on 29.08.2019l Last date of submission is 02.10.201913 Oil and Gas development Company Limited(OGDCL) 75% l EoI for FA published on 29.08.2019l Last date of submission is 02.10.201914 Pakistan Petroleum Limited (PPL) 64.5% l EoI for FA published on 29.08.2019l Last date of submission is 03.10.201915 Pakistan Re-Insurance Co. Ltd. (PakRe) 44.8% l EoI for FA published on 30.08.2019l Last date of submission is 27.09.201916 Pakistan Engineering Company (PECO) 33.24% l EoI for FA published on 30.08.2019l Last date of submission is 17.09.201917 Sindh Engineering Limited (SEL) 100% l EoI for FA published on 30.08.2019l Last date of submission is 18.09.2019PHASE-II PRIVATISATION PROGRAMMESectoral Studies and Policy Recommendations by concerned Quarters for inclusion / deletion of PSEs from the Privatisation ProgrammeS# Name of PSEs Government of Pakistan SharesFinance Division1 National Investment Trust Limited (NITL) 7.67%Commerce Division2 National Insurance Company (NIC) 100%3 State Life Insurance Corporation (SLIC) 100%Petroleum Division4 Government Holding Private Limited (GHPL) 100%5 Pakistan Mineral Development Corporation (PMDC) 100%6 Lakhra Coal Mines (now Lakhra Coal Development Company) * PMDC: 44%Govt. of Sindh: 25%WAPDA: 25%EET BESOS: 6%Power Division (Task Force on Energy)7 Faisalabad Electric Supply Company Limited (FESCO) 100%8 Islamabad Electric Supply Company Limited (IESCO) 100%9 Lahore Electric Supply Company Limited (LESCO) 100%10 Gujranwala Electric Power Company Limited (GEPCO) 100%11 Multan Electric Power Company Limited (MEPCO) 100%12 Peshawar Electric Supply Company Limited (PESCO) 100%13 Hyderabad Electric Supply Company Limited (HESCO) 100%14 Quetta Electric Supply Company Limited (QESCO) 100%15 Sukkur Electric Power Company (SEPCO)16 Kot Addu Power Company (KAPCO) 45.7%17 Jamshoro Power Generation Company Ltd – JPCL (GENCO- I) 100%18 Lakhra Power Generation Company Ltd – LPGCL (GENCO – IV) 100%Privatisation Division19 PIA-IL (Roosevelt Hotel, NY & Scribe Hotel, Paris) 100%Ministry of Industries & Production20 National Fertilizers Corporation and its units and subsidiaries 100%21 State Engineering Corporation and its units and subsidiaries 100%22 Pakistan Machine Tool Factory (PMTF) 100%23 Pakistan Industrial Development Corporation and its units (PIDC) 100%24 Morafco Industries (Machinery as is where is basis) 100%25 Republic Motors Limited (RML) 100%26 Pakistan Industrial and Technical Training Centre 100%27 Export Processing Zone Authority 100%Ministry of IT & Telecom28 Telephone Industries of Pakistan, Haripur (TIP) 100%29 Pakistan Telecommunication Co. Ltd. (PTCL) 62.16%Ministry of Information, Broadcasting, National History and Literary Heritage30 National Book Foundation (NBF) 100%
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