State-Owned Enterprises
Nishat-Led Consortium Joins Bid to Acquire FESCO in Pakistan’s Privatization Drive
A powerful consortium of seven publicly listed Pakistani companies has entered the race to acquire the Faisalabad Electric Supply Company (FESCO), marking a significant development in the government’s ongoing privatization program. The move highlights growing private sector interest in Pakistan’s energy distribution sector as authorities continue efforts to improve efficiency and attract strategic investment. Each […]