Power companies: Management control to be outsourced

Process will be completed in six months.

BEIJING: In order to enhance efficiency of nine public sector power companies, the government has decided to outsource their managements, operations, maintenance and rehabilitation, including conversion to cheaper fuel, to the private sector, said Managing Director of Private Power and Infrastructure Board (PPIB) NA Zuberi.

Zuberi said that among these power companies one each is located in Jamshoro, Kotri, Quetta, Guddu, Muzaffargarh, Multan, Shahdara and two in Faisalabad.

A roadshow for the management, operation, maintenance and rehabilitation of the public sector power complexes through private sector’s operation and maintenance contractors was held here on Tuesday. A large number of Chinese attended the event.

Giving salient features of the initiative, Zuberi said that the whole process of awarding the contract to qualified investors would be completed in six months. The duration of the contract will be 10 years, he said, adding there will be no downsizing of existing staff.

Zuberi said that invitations for expressions of interest for the induction of private sector contractors had already been advertised including international press and details were also available on the website.

Published in The Express Tribune, October 19^th, 2011.