The federal government on Monday could not make definite decisions on taking privatisation plan for Pakistan Steel Mills (PSM) and two LNG-fired power plants to the next stage and set up two separate committees to sort out issues hindering their sale for the past two years.
The Cabinet Committee on Privatisation (CCoP) met to consider approval of the transaction structure for privatisation of PSM and remove hurdles to the sale of two multibillion-dollar power plants along with other privatisation transactions.
