Sunday, April 4, 2010

SNGPL, SSGC sell-off to get PC reappraisal


The government has decided to review the privatisation process of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC). In this regard Senator Waqar Ahmed Khan Federal Minister for Privatisation will chair a high level meeting at Privatisation Commission Secretariat here tomorrow (Monday).
The managing directors of both the companies will deliver presentations regarding the steps taken to improve the companies. The measures taken to add value to these entities prior to pushing the transactions ahead to the market will also be highlighted in the meeting.  Moreover the sitting will also discuss various modes of privatisation process.

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