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Privatization Division says state’s earnings will take hit if investor interest is not taken care of
Power producers delay payments, ministry seeks PM’s intervention
Power producer posts profit of Rs2.32 billion
Govt is looking to use the money to finance budget deficit
Decline due to lower sales, other income; company announces final cash dividend of Rs4.75 per share
The offloading of shares on the stock market will give billions of rupees to the government for budget financing
WAPDA was seeking to sell Kot Addu Power Company shares without involving Privatization Commission.
Also allows Mari Petroleum’s share float in stock market
Sales revenue falls 36% to Rs47.93 billion in nine months