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flag Pakistan's Competition Commission approves International Electric Power's acquisition of 11.9% of Sindh Engro Coal Mining Company.

flag The Competition Commission of Pakistan has approved International Electric Power's acquisition of 11.9% of Sindh Engro Coal Mining Company. flag The deal involves a new company, formed by Liberty Power Holding, Soorty Enterprises, and Procon Engineering, aimed at boosting Pakistan's coal mining sector. flag This acquisition is expected to enhance local coal production and reduce dependence on imported energy sources, underscoring coal's role in Pakistan's energy strategy.

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