A delegation from Mitsui & Co. (Asia Pacific) Ltd. Japan, led by GM Hisato Nakayama (Vitality division), known as on Federal Minister/Chairman Privatization Mohammed Mian Soomro in Islamabad.
Ministry of Privatization has prequalified 12 corporations for the privatization of two RLNG primarily based energy vegetation situated at Haveli Bahadarsha and Balloki. The delegation was briefed in regards to the energy vegetation, their standing, and present effectivity.
Mitsui & Co., Ltd. is likely one of the largest normal buying and selling corporations in Japan. It is part of the Mitsui Group, and its enterprise space covers vitality, equipment, chemical compounds, meals, textile, logistics, finance, and extra. It’s a famend energy firm that’s internationally acknowledged for innovation and sustainability.
On a query, the delegation was briefed by the Federal Minister that a one-window facility exists for all unbiased energy producers within the nation and the identical will proceed post-privatization, the overseas traders are assisted and might be assisted in issues together with dividends, taxation, and different associated topics. Furthermore, all the data together with bidding pointers can also be out there within the digital information room of NPPMCL.
GM Mitsui and Co Asia Pacific, Hisato Nakayama, mentioned that their firm has began due diligence and is sort of desirous to take part within the course of of ultimate bidding of those two energy vegetation.