January 21, 2017 9:08 PM ET

Electric Utilities

Company Overview of Multan Electric Power Co., Ltd.

Company Overview

Multan Electric Power Co., Ltd. distributes electricity in administrative districts of southern Punjab. The company was incorporated in 1998 and is based in Multan, Pakistan.

WAPDA Colony

Khanewal Road

Multan,  

Pakistan

Founded in 1998

Phone:

92 61 564 724

Fax:

92 61 776 314

Key Executives for Multan Electric Power Co., Ltd.

Chief Executive Officer
Chief Executive Officer and Director
Charge of Finance Director
General Manager of Operation
Chief Engineer of Op. and T&G
Compensation as of Fiscal Year 2016.

Multan Electric Power Co., Ltd. Key Developments

Pakistan To Reportedly Privatize 38 Entities

Pakistan intends to privatize 38 national organizations. According to sources, Prime Minister Nawaz Sharif is determine to sell all organizations to its close aide, kin and relatives on less rate in comparison to the market price. The list includes Oil and Gas Development Co., Ltd. (KASE:OGDC), Mari Petroleum Company Limited, Pak Arab Refinery Limited, Pakistan State Oil Company Limited (KASE:PSO), SME Bank Ltd., Sui Southern Gas Co., Ltd. (KASE:SSGC), Sui Northern Gas Pipelines Ltd. (KASE:SNGP), Pakistan Reinsurance Company Ltd. (KASE:PAKRI), National Insurance Company Limited, State Life Insurance Corporation of Pakistan Limited, 76% stake in National Bank of Pakistan (KASE:NBP), 10% stake in Allied Bank Limited (KASE:ABL), 42% stake in Habib Bank Limited (KASE:HBL), Heavy Electrical Complex (Pvt.) Ltd., National Power Construction Corporation (Pvt) Limited, Islamabad Electric Supply Company Limited, Faisalabad Electric Supply Company Limited, Lahore Electric Supply Company Limited, Multan Electric Power Co., Ltd., Pakistan Steel Mills Corporation (PVT) LTD., Pakistan Engineering Company Limited (KASE:PECO) and Pakistan International Airlines Corporation (KASE:PIAA).

Pakistan Plans To Sell Stakes In Firms

Islamic Republic of Pakistan plans to sell stakes in Multan Electric Power Co., Ltd., Hyderabad Electric Supply Company Ltd, Pakistan National Shipping Corp. (KASE:PNSC), Lahore Electric Supply Company Limited, Faisalabad Electric Supply Company Limited, Sui Southern Gas Co., Ltd. (KASE:SSGC), Sui Northern Gas Pipelines Ltd. (KASE:SNGP), National Bank of Pakistan (KASE:NBP), State Life Insurance Corporation of Pakistan Limited, Utility Stores Corporation of Pakistan, Port Qasim Authority, Pakistan Railways and others.

Update On Pakistan’s Plan To Sell Stakes In Firms

Pakistan is planning to sell stake in firms. It is lookin g to divest stakes in Quetta Electric Supply Company Ltd., Peshawar Electric Supply Company Limited, Multan Electric Power Co., Ltd., Central Power Generation Company Limited, Hyderabad Electric Supply Company Ltd., and Sukkur Electric Power Company Limited, among others.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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