Karachi November 30 2021: On November 29, 2021, Kohinoor Energy Limited received PKR 2.984 Billion from the Power Purchaser, as per information shared by the company at Pakistan Stock Exchange (PSX).
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KAPCO Received PKR 59.4 Billion In Second Tranche Of Circular Debt Settlement: PSX
The payment is in the form of one-third cash, one-third Government Ijara Sukuk, and one-third Pakistan Investment Bonds.
This constitutes the second and final installment of 60% of receivables at the cut-off date of November 30, 2020.