Mughal Energy early settles Rs1.8bn long-term loan
MG News | June 29, 2026 at 03:11 PM GMT+05:00
June 29, 2026 (MLN): Mughal Energy Limited (PSX:GEMMEL) has early settled Rs1,858.3 million of its
outstanding long-term loan, with the remaining Rs661.67 million to continue as
per previously agreed terms and conditions.
The
aforementioned information was disseminated through a notification to
Exchange.
The company also recently
in April, marked a significant
operational milestone as turbine rolling commenced at the hybrid power plant,
signalling the start of phased power generation and system testing.
The process involves
gradual electricity generation alongside load and reliability assessments,
system stability checks, and safety standards compliance testing marking the project's transition from
construction to initial commissioning activities.
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