Pakgen Power receives almost Rs11bn from CPPA-G under NSA

MG News | April 03, 2025 at 09:55 AM GMT+05:00

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April 03, 2025 (MLN): Pakgen Power Limited (PSX: PKGP) has received Rs10.9 billion from CPPA-G under the Negotiated Settlement Agreement (NSA).

The remaining amount of Rs964 million, as per the NSA, is to be received by April 30, 2025, which is the stipulated deadline in the agreement, the company's filing on PSX revealed today.

The principal activities of the company are to own, operate, and maintain a fuel fired power station having a gross capacity of 365 MW in Mehmood Kot, Muzaffargarh, Punjab, Pakistan.

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