Nishat Group forms 7-company consortium to bid for FESCO

PSX Update • Aug 6, 2026

Nishat Group has assembled a 7-company consortium to chase FESCO, staking an early claim in what could become one of Pakistan's most closely watched power-sector privatisations in years.

August 06, 2026 (MLN): Nishat Group has assembled a 7-company consortium to chase FESCO, staking an early claim in what could become one of Pakistan's most closely watched power-sector privatisations in years. In near-identical filings to the Pakistan Stock Exchange on Thursday, Pak Elektron Limited (PEL), Kohinoor Energy Limited (KEL), Nishat Power Limited (NPL), Nishat Chunian Power Limited (NCPL), Nishat Mills Li...