PM Imran Khan has directed Privatisation Commission (PC) to move a summary to ECC on issuance of National Security Certificate (NSC) for KE transaction and future line of action. The govt. was reluctant to issue NSC for KE transaction due to disagreement between the power utility, CPPA-G and SSGC and KWSB. The NSC is mandatory to sell 66.4% stakes of M/s Abraaj to Chinese firm, Shanghai Electric Power (SEP), which is reviewing its interests time and again.
28/9/2020