Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

China urged to take bolder steps to tackle price wars, deflation and weak demand

July 7, 2025

U.S. Treasury yields: Trump extends tariff deadline

July 7, 2025

Hong Kong dollar faces prolonged weakness on liquidity, rates drawback, bank says

July 7, 2025
Facebook X (Twitter) Instagram
Monday, July 7
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Second phase of auction for defunct power plants today – Business & Finance
Economist Intelligence

Second phase of auction for defunct power plants today – Business & Finance

adminBy adminMay 19, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 30


ISLAMABAD: In a bold stride towards energy sector reform and fiscal efficiency, the second phase of the auction of state-owned old and non-operational power plants will be held here on Monday.

In this phase, three large power plants with a total capacity of 2,362 MW will be put up for auction, said a press release.

The projects being offered for sale included Thermal Power Station Jamshoro (880MW), Thermal Power Station Muzaffargarh (1,350 MW), and Steam Power Station Faisalabad (132 MW). The combined reserve price for these projects has been fixed at Rs 26.62 billion.

Inefficiencies hiking capacity charges highlighted

The auction process is being carried out with complete transparency in the light of the government of Pakistan’s energy reform agenda, and in line with directives of the Prime Minister, Economic Coordination Committee (ECC) of the Cabinet, and the Ministry of Energy (Power Division).

The auction will take place at the office of GENCO Holding Company Limited, Islamabad from 9 am to 5 pm. It should be noted that seven different old thermal power plants have been successfully sold in the first phase of the auction, with a total bid of about Rs9 billion, which was higher than the reserve prices.

The second phase of the auction is not only a step towards better utilisation of financial resources but it will also create new investment opportunities in the energy sector. Media representatives, investors, and energy stakeholders are invited to attend the event to ensure transparency.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

India’s stock benchmarks to open flat on caution ahead of US tariff deadline – Markets

July 7, 2025
Economist Intelligence

Indian rupee to track Asian peers lower after Trump flags return to higher tariffs if no deal – Markets

July 7, 2025
Economist Intelligence

Gold falls on trade deal progress, tariff reprieve extension – Markets

July 7, 2025
Economist Intelligence

Trump says US nears trade deals as tariff effective date delayed – Markets

July 7, 2025
Economist Intelligence

Dollar pinned near multi-year lows as Trump tariff deadline looms – Markets

July 7, 2025
Economist Intelligence

Stocks slip in Asia on US tariff confusion, oil skids – Markets

July 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

India’s stock benchmarks to open flat on caution ahead of US tariff deadline – Markets

July 7, 2025

Indian rupee to track Asian peers lower after Trump flags return to higher tariffs if no deal – Markets

July 7, 2025

Gold falls on trade deal progress, tariff reprieve extension – Markets

July 7, 2025

Trump says US nears trade deals as tariff effective date delayed – Markets

July 7, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • China urged to take bolder steps to tackle price wars, deflation and weak demand
  • U.S. Treasury yields: Trump extends tariff deadline
  • Hong Kong dollar faces prolonged weakness on liquidity, rates drawback, bank says
  • Hong Kong dollar faces prolonged weakness on liquidity, rates drawback, bank says
  • Euro backs off four-year peak on profit-taking

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

China urged to take bolder steps to tackle price wars, deflation and weak demand

July 7, 2025

U.S. Treasury yields: Trump extends tariff deadline

July 7, 2025

Hong Kong dollar faces prolonged weakness on liquidity, rates drawback, bank says

July 7, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.