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PAKISTAN ELECTRIC CORP SOLD FOR US$258 MLN.

Publication: AsiaPulse News
Publication Date: 30-NOV-05
Format: Online - approximately 147 words
Delivery: Immediate Online Access

Article Excerpt
ISLAMABAD, Nov 30 Asia Pulse - The Karachi Electric Supply Company (KESC) has been handed over to the Hasan Associates-led consortium for Rs 15.9 billion (US$258 million), from a total bid of Rs 20.24 billion.

The new owner will invest the remaining bid amount in KESC improvements.

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