Karachi, July 02, 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 6.86 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:
Khadim Hussain
Company Secretary
Nishat Chunian Power Limited
31-Q, Gulberg II, Lahore -54660, Pakistan
Tel: 92-42-3576 1730
Fax: 92-42-35878696
E-mail: ncpl@nishat.net