ISLAMABAD:

A Senate panel was told on Monday that four out of five companies that submitted statements of qualification (SOQs) for Pakistan International Airlines (PIA) have been declared eligible.

Secretary for Privatisation informed the Senate Standing Committee that site visits and conferences were underway, after which the bidding phase will begin.

During the committee meeting, chaired by Senator Afnanullah on Monday, the privatisation of PIA, Pakistan Mineral Development Corporation (PMDC), as well as power generation companies (GENCOs) and distribution companies (DISCOs) came under discussion.

Members of the committee suggested removing PMDC from the privatisa-tion list, while the committee also summoned National Electric Power Regulatory Authority (NEPRA) officials to discuss th

See Full Page