Pakgen 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 NCR 6.982 billion from Central Power Purchasing Agency (CPPA), Further we would like to clarify that there is no reduction in existing delay mark up rate.

For more information, contact:
Khalid Mahmood Chohan
Company Secretary
Pakgen Power Limited
1, B, Aziz Avenue, Canal Bank,
Gulberg V, Lahore
Tel: +92-42-35717000-98
Fax: +92-42-35717239
E-mail: pakgen@lalpir.com
Web: www.pakgenpower.com

Leave a Reply