Energy

KESC control given to Hassan Associates

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ISLAMABAD – The government Tuesday handed over the management control of Karachi Electric Supply Corporation (KESC) to the Consortium of Hassan Associates after receiving the remaining payment of bid.
The share transfer documents for the privatization of KESC were signed and handed over by M. Tahsin Khan Iqbal, Secretary Privatization Commission to the authorized representatives of the consortium included Shan A. Ashary of Al-Jomaih Holding Company, Farooq Hasan of Hasan Associates, Haleem Siddique of Premier Mercantile Services here. Federal Minister for Privatization and Investment Dr Abdul Hafeez Shaikh and Ashfaq Ahmed Secretary Ministry of Water and Power were also present on the occasion.

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