--- title: "Privatization Commission prequalifies 10 bidders for FESCO sale" description: "Most outlets reported that the Privatization Commission prequalified 10 interested parties for the FESCO privatization, with several mentioning that 12 expressions of interest were received. The Daily Times and Business Recorder specifically noted that K-Electric withdrew from the process. While most coverage focused on the prequalification stage, a few, like Profit, highlighted the next step involving due diligence. Overall, the framing remained consistent across outlets, emphasizing the procedural update in the privatization process." url: https://harzaviya.com/stories/5163-10-interested-parties-prequalified-for-fesco-privatisation site: HarZaviya language: en --- # Privatization Commission prequalifies 10 bidders for FESCO sale business · latest filing 29 Aug 2026, 11:52 AM PKT · 28–29 Aug 2026 · 13 articles from 10 outlets **HarZaviya summary** — how 10 outlets covered this, generated automatically from their headlines and excerpts: > Most outlets reported that the Privatization Commission prequalified 10 interested parties for the FESCO privatization, with several mentioning that 12 expressions of interest were received. The Daily Times and Business Recorder specifically noted that K-Electric withdrew from the process. While most coverage focused on the prequalification stage, a few, like Profit, highlighted the next step involving due diligence. Overall, the framing remained consistent across outlets, emphasizing the procedural update in the privatization process. ## Same story from 10 outlets Each outlet's own headline, most recent first — read any at its source. - **Minute Mirror** — [10 firms clear Fesco privatisation bidding stage](https://minutemirror.com.pk/10-firms-clear-fesco-privatisation-bidding-stage-620594/) · 29 Aug 2026, 11:52 AM PKT > The Privatisation Commission has prequalified 10 companies and business groups to participate in the next phase of the - **The Nation** — [PC Board prequalifies 10 interested parties for Fesco privatisation](https://www.nation.com.pk/29-Aug-2026/pc-board-prequalifies-10-interested-parties-fesco-privatisation) · 29 Aug 2026, 6:46 AM PKT · 74% identical wording to the newest filing > ISLAMABAD - The Privatisation Commission (PC) Board meeting held on Friday approved the prequalification of Interested Parties (IPs) for the privatisation of FESCO. - **Business Recorder** — [Privatisation of FESCO: PC approves 10 out of 12 parties](https://www.brecorder.com/news/40436960/privatisation-of-fesco-pc-approves-10-out-of-12-parties) · 29 Aug 2026, 5:58 AM PKT · 71% identical wording to the newest filing > ISLAMABAD: The Privatisation Commission (PC) Board has approved ten of the twelve interested parties that submitted Expressions of Interest (EOIs) for the privatisation of Faisalabad Electric Supply Company (FESCO). In its 258th meeting held here on Friday, the PC Board approved the prequalification of Interested Parties for the privatisation of FESCO. The meeting was chaired by Muhammad Ali, A... - **Daily Times** — [PC Board prequalifies 10 interested parties for FESCO privatisation](https://dailytimes.com.pk/1545035/pc-board-prequalifies-10-interested-parties-for-fesco-privatisation/) · 29 Aug 2026, 4:26 AM PKT · 72% identical wording to the newest filing > The Privatisation Commission (PC) Board approved on Friday the prequalification of interested parties (IPs) for the privatisation of the Faisalabad Electric Supply Company (FESCO), a statement said. The meeting was chaired by Mr Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman, Privatisation Commission. “The Board was informed that 12 Expressions of Interest […] - **Profit** — [10 parties qualify for FESCO privatisation next stage](https://profit.pakistantoday.com.pk/2026/08/28/10-parties-qualify-for-fesco-privatisation-next-stage) · 28 Aug 2026, 10:03 PM PKT · 85% identical wording to the newest filing > The Privatisation Commission approved 10 interested parties for prequalification in the FESCO privatisation process. They will access the Virtual Data Room to conduct buy-side due diligence, marking the next stage after 12 EOIs. - **24 News HD** — [PC Board prequalifies 10 interested parties for FESCO privatization](https://www.24newshd.tv/28-Aug-2026/pc-board-prequalifies-10-interested-parties-fesco-privatization) · 28 Aug 2026, 9:52 PM PKT · 76% identical wording to the newest filing > The Privatization Commission (PC) Board, on Friday approved the prequalification of Interested Parties (IPs) for the privatization of FESCO. - **Dawn** — [10 of 12 parties prequalified for Fesco privatisation, K-Electric withdraws](https://www.dawn.com/news/2025776/10-of-12-parties-prequalified-for-fesco-privatisation-k-electric-withdraws) · 28 Aug 2026, 9:44 PM PKT · 71% identical wording to the newest filing > ISLAMABAD: The Privatisation Commission Board on Friday approved the prequalification of 10 out of 12 interested parties (IPs) for the sale of Faisalabad Electric Supply Company (Fesco), after K-Electric (KE) withdrew its papers and a lone Chinese firm failed to demonstrate sufficient interest in the competition. The development came after Prime Minister Shehbaz Sharif directed the relevant aut... - **Associated Press of Pakistan** — [PC Board prequalifies 10 interested parties for FESCO privatization](https://www.app.com.pk/business/pc-board-prequalifies-10-interested-parties-for-fesco-privatization/) · 28 Aug 2026, 5:33 PM PKT · 76% identical wording to the newest filing > The Privatization Commission (PC) Board, on Friday approved the prequalification of Interested Parties (IPs) for the privatization of FESCO. - **ARY News (English)** — [10 interested parties prequalified for FESCO privatisation](https://arynews.tv/fesco-privatisation-10-parties-prequalified) · 28 Aug 2026, 4:20 PM PKT · 83% identical wording to the newest filing > The Privatisation Commission approved the prequalification of 10 Interested Parties for the privatisation of the FESCO - **ProPakistani** — [Govt Approves 10 Bidders for FESCO Sale](https://propakistani.pk/2026/08/28/govt-approves-10-bidders-for-fesco-sale/) · 28 Aug 2026, 3:16 PM PKT · 77% identical wording to the newest filing > The Privatization Commission (PC) Board has prequalified 10 parties to participate in the next stage of the Faisalabad Electric Supply… Read More ## Part of a bigger story Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology). - [FESCO privatisation receives multiple expressions of interest](https://harzaviya.com/stories/2202-fesco-sale-attracts-12-investors-from-pakistan-china) · 8 Aug 2026 · 9 outlets · 2 developments · 88% related - [Sapphire Fibres enters bidding for FESCO privatisation](https://harzaviya.com/stories/2055-nishat-led-consortium-enters-race-to-acquire-fesco) · 7 Aug 2026 · 2 outlets · 2 developments · 76% related - [Privatisation board recommends restructuring plans for three power companies](https://harzaviya.com/stories/707-privatisation-board-recommends-restructuring-plans-for-three) · 29 Jul 2026 · 3 outlets · 75% related - [Multiple investors express interest in GEPCO privatisation](https://harzaviya.com/stories/4198-11-saudi-turkish-and-pakistani-investors-want-to-buy-gepco) · 22 Aug 2026 · 8 outlets · 73% related - [Privatisation Commission extends deadline for IESCO privatisation EOI](https://harzaviya.com/stories/5342-investors-get-more-time-to-bid-for-iesco-stake-as-deadline) · 30 Aug 2026 · 8 outlets · 2 developments · 73% related 13 articles from 10 outlets, 28–29 Aug 2026. 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