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power plants privatization

Prominent world banks show interest in Pakistan power plants privatization: report

KARACHI: Prominent International fiscal institutions have expressed interest for a role in Pakistan’s biggest privatization in over a decade, Bloomberg said in a report. The privatization could generate around two billion dollars, citing the people with knowledge of the matter, the magazine's report said. JPMorgan Chase & Co., CLSA and Credit Suisse Group AG are reportedly among foreign banks pitching for an advisory role in the government’s sale of two state-owned LNG-fired power plants. Pakistan is selling…