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ISLAMABAD: The Privatisation Commission (PC) said on Friday that it received a strong response from domestic and international investors interested in acquiring Faisalabad Electric Supply Company (Fesco).
“On the closing date, the commission received 12 Expressions of Interest (EoIs) from prospective investors seeking to acquire 51 to 100pc shareholding in Fesco together with management control.
The EoIs came from three Turkish, one Chinese and eight local investors.
The three from Turkiye include Aktor Elektrik Enerji Yatrmlar San. ve Tic. A.., Genvera Enerji A.. (Celik Group) and Cengiz Enerji Sanayii ve Ticaret A.. The EoI from China was submitted by Jiang Xi Electric Power Construction.
