The privatization process of Gujranwala Electric Power Company (GEPCO) has moved to the evaluation and prequalification stage after the government received 11 Expressions of Interest (EOIs) from potential investors.
The Ministry of Privatization said in a post on X on Tuesday that the transaction will now undergo a structured evaluation and prequalification process.
Qualified investors will then receive access to a Virtual Data Room for due diligence, followed by pre-bid negotiations and a competitive bidding process.
The ministry said the process will focus on transparency, competition, efficiency and long-term value creation.
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