Federal Minister for Privatization Mohammedmian Soomro on Monday appreciated the Thailands power sector companies for investing in
The delegation from
The minister responded to various queries regarding the power plants privatization and overall power sector scenarios in
The Minister said that as per the vision of Prime Minister
He said the privatization of profitable power plants of HaveliBahadarsha and Balloki is expected during the fiscal year.
The Minister said that to equip the investors with relevant information regarding the plants, the
Soomro explained that one window facilitation center is established for all independent power producers, the foreign investors are assisted in matters involving repatriation of dividends, taxation and other related subjects.
It is pertinent to mention that the data room has 78k documents and 474 specialized folders.
Chawalit Tippanich, CEO GPSC said that he was moved by the professionalism and efficiency of the Ministry and said that GPSC will have a secure investment in
A presentation with a detail regarding regulatory framework, tariff structure and organizational functioning of entire power sector was also presented.
The delegation was briefed about the power plants.
GPSC is also involved in other businesses while seeking opportunities for investment in power projects, both domestic and overseas. It is also determined to develop technologies for improving energy storage in its attempt to become a leading power company that is internationally recognized for innovation and sustainability.
© Pakistan Press International, source