Tag Archive: Wapda

SSGC wins Rs4bn financing facility

The Sui Southern Gas Company (SSGC) on Wednesday signed Rs4 billion financing facility with a consortium of banks led by National Bank of Pakistan (NBP) to fund its ongoing ambitious expansion project. The Managing Director of SSGC, Munawar Baseer Ahmad, Naveed Khan of ABN-AMRO, Badar Kazmi of Standards Chartered Bank, and Badar Mannan of Dubai Islamic ...

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Kapco posts Rs3,687m profit in six months

The Privatization story of Kot Addu Power Company Limited (Kapco) has finally begun to unfold as the company disclosed financial results for the half year ended December 31, 2004.  In an announcement released through the Karachi Stock Exchange on Saturday, the company posted after tax profit of Rs3,687 million for the six months, July-December 2004. That translated into earning per share (eps) of Rs4.19 on 880 mil [...]

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PC asked to allot 10 percent kapco shares for Wapda workers

The Water and Power Development Authority (Wapda) has asked the Privatisation Commission (PC) to allocate 10 percent shares of Kot Addu Power Company ( kapco ) for Wapda employees through suitable amendment in the offer for sale document, sources in PC told Business Recorder. They said that Wapda Chairman Tariq Hamid has written a letter, ...

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