Nishat Power Limited Responds to Media Inquiry Over Circular Debt Article

Lahore: Nishat Power Limited, in response to a recent article published by Mettis Global Link News, has chosen not to comment on the contents of the report, which was released on July 1, 2025. The article, titled "The Silent Transition in Circular Debt: Fiscal Year Closes, Market Awaits Clarity," has prompted inquiries from stakeholders and the market alike.

According to a letter dated July 4, 2025, Nishat Power Limited indicated that it does not have any remarks regarding the claims made in the article. The company suggested that any verification of the information should be conducted directly with the author or publisher of the piece.

The company's communication also emphasized its adherence to the Pakistan Stock Exchange's regulations, specifically regarding the dissemination of pertinent information. It reassured stakeholders that all relevant data concerning the receipt of outstanding payments from the Central Power Purchasing Agency (CPPA) has been disclosed as per the terms laid out in the Amendment Agreement. According to information available from the Pakistan Stock Exchange (PSX), Nishat Power Limited's approach aligns with the regulatory requirements, ensuring transparency and compliance.

This clarification comes amid heightened scrutiny in the power sector, particularly concerning the issue of circular debt, a topic that has drawn significant attention from both industry experts and the general public. Nishat Power Limited remains open to addressing any further inquiries regarding its financial dealings and regulatory compliance.