Pakistan, July 14 -- ISLAMABAD - After repeated failures to auction defunct power plants under Genco Holding Company Limited (GHCL), the government is now considering a direct government-to-government (G2G) deal with Wah Industries. This shift comes after failed bidding rounds and continued delays in payments from private contractors.

The Energy Task Force, led by Lt Gen Zafar Iqbal, was responsible for overseeing the auction of outdated public sector generation units. Although the first auction round attracted qualified bids for seven out of nine plants, totaling Rs9.05 billion, payment delays and contract issues soon derailed the process. No international bidders participated, and the second auction didn't take place as scheduled.

In ...