Islamabad: Kohinoor Energy Limited has announced its participation in a consortium for the privatisation of Faisalabad Electric Supply Company (FESCO), according to a report dated August 6, 2026. This development was disclosed in accordance with Sections 96 and 131 of the Securities Act, 2015, and the relevant regulations set by the Pakistan Stock Exchange (PSX).
The company has acquired the Request for Statement of Qualification (RSOQ) from the Privatisation Commission, which is a crucial step in the divestment process. The Board of Directors of Kohinoor Energy Limited has approved the company's involvement in the consortium. This consortium includes several notable companies such as Pakgen Limited, Lalpir Limited, Nishat Power Limited, Nishat Chunian Power Limited, Nishat Mills Limited, and Pak Elektron Limited.
Within the consortium, Pakgen Limited has been appointed as the lead member, authorized to conduct all business on behalf of the consortium during the privatisation process. According to information available from the Pakistan Stock Exchange (PSX), Kohinoor Energy Limited has not yet assumed any binding obligations regarding the transaction. The process is still subject to pre-qualification by the Privatisation Commission and requires all necessary corporate and regulatory approvals.
The company has assured that it will keep the exchange updated with any material developments. This engagement in the privatisation initiative marks a significant move for Kohinoor Energy Limited, as it expands its involvement in the evolving energy sector in Pakistan.
For further inquiries, Kohinoor Energy Limited can be contacted at their registered office located at 303, 3rd Floor, Green Trust Tower, Blue Area, Islamabad. The company secretary, Javed Manzoor, is available for contact through the provided telephone number: +9235392317.