Material information of Pakgen Power Limited

Karachi, Pakgen Power Limited informed Pakistan Stock Exchange that the Company entered into an agreement with GE Global Services a world’s Digital Industrial Company to provide advanced digital industrial software solution to the Company powered by predix, GE’s operating system for the industrial internet, GE’s Digital Power Plant that includes a suite of software solutions that can be enable the Company to visualize plant performance.

Pakgen Power Limited was incorporated in Pakistan on June, 22 1995. The principals of the company are laid under the Companies Ordinance, 1984. The principal activities of the Company are to own, operate and maintain an oil fired power station having gross capacity of 365 MW in Muzaffargarh, Punjab. The shares of the Company are listed on the Karachi Stock Exchange and Lahore Stock Exchange of Pakistan. The registered office of the Company is situated at Lahore.

The symbol “PKGP” is being used by the stock exchanges for the shares of Pakgen Power Limited.