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The Privatisation Commission has invited Expression of Interest from
qualified strategic investors with experience in handling large power projects
on turnkey basis or consortia preferably in partnership with financially sound
Pakistani companies interested in acquiring 51 % interest in National Power
Construction Corporation (NPCC) including the management control. NPCC is a
leading Power Projects Construction Company of Pakistan with major operation
in Middle East/ Saudi Arabia.
The interested parties have been asked to send their EOIs alongwith brief
company profile and the required non-refundable fee of Rs.50,000/= not later
than October 27, 2005. The parties with relevant credentials who submit an EOI
will be dispatched a Request for Statement of Qualification (RSOQ) starting on
October 20, 2005. The early submission of EOIs will allow parties maximum time
for completion of their RSOQ requirements. Last date to receive these RSOQs is
November 15, 2005.
A preliminary information memorandum containing more detailed information on
NPCC is avialble form PC and will be provided upon request free of charge.
NPCC currently rated amongst top contractors, is a specialist contracting
outfit for turnkey management of Power Projects i.e. Extra High Voltage
Transmission Lines, Distribution Networks, Substations, Power Generation
Plants, Industrial Electrification, External Lighting of Housing Complexes
etc. NPCC's major area of operation during the last three decades had been in
the Middle East with concentration in Saudi Arabia. NPCC has successfully
secured and completed projects valuing US $ 600 million.