Karachi: Nishat Chunian Power Limited informed Karachi Stock Exchange that extraordinary general meeting of the company is scheduled to be held on June 8, 2015 at Lahore. The agenda of the meeting will be confirming the minutes of last annual general meeting and consider if thought fit, to pass with or without modification, the following resolution as an Ordinary Resolution for authorizing purchase of land and building. Nishat Chunian Power Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company started its commercial operations on July 21, 2010. The company is a subsidiary of Nishat (Chunian) Limited. The principal activity of the company is to build, own, operate and maintain a fuel fired power station having gross capacity of 200 MW and net capacity of 195.722 MW at District Kasur, Punjab. The company has a Power Purchase Agreement with its sole customer, National Transmission and Despatch Company Limited for twenty five years which commenced from July 21, 2010. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The plant is combined cycle with 11 reciprocating engines and a heat recovery steam turbine. Net output of the project is 195.722 MWh. The primary fuel of the plant is Residual Furnace Oil. NCPL is an active member of Independent Power Producers Advisory Council. The symbol “NCPL” is being used by the stock exchanges for the shares of Nishat Chunian Power Limited.
Read More »Board meeting of Nishat Chunian Power Limited to be held on April 20, 2015
Karachi, Nishat Chunian Power Limited informed Karachi Stock Exchange that board meeting of the company is scheduled to be held on April 20, 2015 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for period ended March 31, 2015. Nishat Chunian Power Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company started its commercial operations on July 21, 2010. The company is a subsidiary of Nishat (Chunian) Limited. The principal activity of the company is to build, own, operate and maintain a fuel fired power station having gross capacity of 200 MW and net capacity of 195.722 MW at District Kasur, Punjab. The company has a Power Purchase Agreement with its sole customer, National Transmission and Despatch Company Limited for twenty five years which commenced from July 21, 2010. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The plant is combined cycle with 11 reciprocating engines and a heat recovery steam turbine. Net output of the project is 195.722 MWh. The primary fuel of the plant is Residual Furnace Oil. NCPL is an active member of Independent Power Producers Advisory Council. The symbol “NCPL” is being used by the stock exchanges for the shares of Nishat Chunian Power Limited.
Read More »Nishat Chunian Power Limited’s material information
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 …
Read More »Nishat Chunian Power Limited’s information under section 218 of the companies ordinance
Karachi, March 07, 2013 (PPI-OT): Enclosed please find a copy of the Notice of information U/S 218 of the Companies Ordinance 1984 will be sent to all the members of the Company. Information under Section 218 of the Companies Ordinance Remuneration of Mr. Yahya Saleem-C.E.O. of the Company The Board …
Read More »Nishat Chunian Power Limited’s free-float of shares
Karachi, January 17, 2013 (PPI-OT): We are pleased to inform to enclose the requisite information as per format provided for the period ended 31 December 2012. Total Outstanding Shares 367,346,939 Less: Shares held by Directors/sponsors 217,355,019 Government Holdings as promoter/acquirer/controller – Shares held by Associated Companies (Cross Holding) – Shares …
Read More »Nishat Chunian Power Limited’s despatch of final dividend for the year ended 30 June 2012
Karachi, November 28, 2012 (PPI-OT): We are pleased to inform you that the warrants in respect of Final Cash Dividend @ 20% for the year ended 30 June 2012, as approved by the shareholders in their Annual General Meeting held on 30 October 2012 were dispatched to the shareholders on …
Read More »Nishat Chunian Power Limited’s sale of shares
Karachi, November 16, 2012 (PPI-OT): We are pleased to inform you that following Chairman / Director of Nishat Chunian Power Limited (NCPL) have sold the shares as per detail bellow: Mr. Shahzad Saleem Sale 100,000 shares @17.51 per share on 06-11-2012 Settlement dated 08-11-2012 Sale 100,000 shares @17.90 per share …
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