The government decided yesterday to begin processing proposals submitted by private companies to set up 10 coal-based power projects having a total capacity of 4,250MW in different provinces.
The decision was taken at a meeting of the board of Private Power and Infrastructure Board (PPIB) presided over by Minister for Water and Power Khwaja Asif. PPIB Managing Director N.A. Zuberi, who was arrested by the National Accountability Bureau about two months ago, could not attend the meeting.
The board directed the PPIB to start processing of proposals submitted by the private sector on an urgent basis and issue letters of interest to interested parties without delay, subject to completion of legal requirements.
