Karachi, Nishat Power Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 18, 2019 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2019.
Further, the company has declared the closed period from September 11, 2019 to September 18, 2019.
Nishat Power Limited is a public limited company incorporated in Pakistan in February 2007 under the Companies Ordinance, 1984. It is a subsidiary company of Nishat Mills 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 ISO in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges in Pakistan. The registered office of the company is located in Lahore.
The company has a Power Purchase Agreement with its sole customer, National Transmission and Dispatch Company Limited for twenty five years which commenced from June 09, 2010.
The symbol “NPL” is being used by the stock exchanges for the shares of Nishat Power Limited.