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KAPCO Received PKR 59.4 Billion In Second Tranche Of Circular Debt Settlement: PSX

admin-augaf by admin-augaf
November 30, 2021
in Business
Reading Time: 1 min read
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KAPCO Received PKR 59.4 Billion In Second Tranche Of Circular Debt Settlement: PSX

KAPCO Received PKR 59.4 Billion In Second Tranche Of Circular Debt Settlement: PSX

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Karachi November 30 2021: On November 29, 2021, Kot Addu Power Company received PKR 59.401 Billion from the Power Purchaser, as per information shared by the company at Pakistan Stock Exchange (PSX).


A L S O || R E A D

Supernet, PAKSAT join hands for expansion of satellite communications before IPO


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 installment of 60% of receivables at the cut-off date of November 30, 2020.


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