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The Privatisation Commission (Pc) Has Received Nineteen (19) Expressions Of Interest (Eois) From Prospective Investors (Mechanical Engineering And/Or Industrial Companies And Groups, Consortium Of Investors Who Can Demonstrate Their Ability To Own, Efficiently Manage And Operate The Company) For Acquisition Of Minimum 90% Shares Of Heavy Mechanical Complex (‘HMC’) Together With Management Control On An ‘As Is Where Is’ Basis.
The Parties Submitting Eois For HMC Include (I) Abm International (Ii) Aqeel Karim Dhedhi Securities (Iii) Bulk Management (Pakistan) Private Limited (Iv) Csk Limited (V) Descon Engineering Limited (Vi) Dewan Mushtaq Group (Vii) Gharibwal Cement Limited (Viii) Ittehad Steel Industries (Ix) Kohat Cement Company Ltd (X) Mcc Resources Development Company (Pvt) Ltd (Xi) Niagara Mills (Pvt) Ltd (Xii) Pak Gulf Construction (Pvt) Ltd (Xiii) Shinsei Sangyo Co Ltd (Xiv) Start Consult (Xv) Shafi Associates (Xvi) Sapphire Group (Xvii) Techno Engineering Services (Pvt) Limited (Xviii) The Thal Industries Corporation Limited (Xix) Umer Group Of Companies
The Information Memorandum, Bid Documents, And A Tentative Time Frame For The Process Will Be Provided To Pre-Bid Parties Only.
HMC Is Country’s Pioneer Heavy Engineering Concern Having Capability For Designing, Engineering And Manufacturing Of Capital Machinery, Industrial Plant Equipment And Other Engineering Goods. It Is Located In The Prime Industrial Hub At Taxila, 35km North Of Islamabad. The Mechanical Works Commenced Commercial Operations During 1971 Whereas Foundry & Forge Works Started Production During 1978. Both The Works Were, However, Merged During 1989. The Facilities Include Fabrication, Machining, Foundries, Forging, And Heat Treatment, Galvanizing & Auxiliary Shops. A Well-Established Design Centre With Cad/Cae Facilities Is Also Available. The Products Of HMC Conform To International Quality Standards. HMC Has Been Authorized To Use Four (4) Asme Stamp Codes For Boilers, Pressure Vessels, Piping Etc. The Company Is Iso-9001 Certified.
The Company’s Product Mix Covers Sugar And Cement Plants, Chemical / Petroleum, Oil/Gas Processing Plants, Thermal Power Plant Equipment, Mini And Micro Hydel Power Plant Equipment, Road Construction Machinery, Railway Equipment, Overhead Electric Travelling Cranes, Boilers, Pressure Vessels, Heat Exchangers, Heavy To Medium Iron & Steel Castings, Steel Billets, Heavy To Medium Free As Well As Closed Die Forgings.