World Bank debars Pakistani firms over power contracts collusion

Three companies have been debarred for engaging in collusive practices when bidding for contracts under a power project financed by the World Bank in Pakistan. Lahore-based Pak Elektron Limited (PEL), its affiliates PEL Marketing Limited and Kohinoor Power Company Limited and Abdul Waheed Butt are ineligible to participate in World Bank-financed projects for 33 months. […]