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Deals with IPPs: Nishat Chunian executes Amended Agreement; Pakgen Power terminates PPA

Summary by Business Recorder

Nishat Chunian Power Limited (NCPL), an Independent Power Producer (IPP), has formally executed the Amendment Agreement reached with the government last year. The IPP disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday. “Further to our letter No. NCPL/PSX/10081-82 dated December 04, 2024, we would like to inform you that the company has formally executed the Amendment Agreement on the terms already disclosed t…

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Business Recorder

Deals with IPPs: Nishat Chunian executes Amended Agreement; Pakgen Power terminates PPA

5 days ago

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mettisglobal.news

Nishat Power executes amendment agreement

February 18, 2025 (MLN): Nishat Power Limited (PSX: NPL) has formally executed the Amendment Agreement based on the terms previously disclosed to the PSX through the referenced letter, the company's filing on PSX revealed today. NPL is a public company limited by shares incorporated in Pakistan on February 23, 2007 under the repealed Companies Ordinance, 1984 (now, the Companies Act, 2017). The company is a subsidiary of Nishat Mills Limited. T…

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