Nishat Power Limited’s material information
Karachi, July 01, 2013 (PPI-OT): In connection with the Listing Regulation under the Code of Corporate Governance, we are pleased to convey the following information:
We have to inform you that the Company has received overdue receivables amounting to PKR 7.080 billion from Central Power Purchasing Agency (CPPA). Further we would like to clarify that there is no reduction in delay mark up rate of existing 4.5% to 2.5% as mentioned in some newspapers.
For more information, contact:
Khalid Mahmood Chohan
Nishat Power Limited
1-B, Aziz Avenue, Canal Bank,