entity

VIS reaffirms entity ratings of Engro Powergen Qadirpur with stable outlook D_Trends

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VIS reaffirms entity ratings of Engro Powergen Qadirpur with stable outlook D_Trends

VIS Credit Rating Company Limited has maintained the entity ratings of Engro Powergen Qadirpur Limited (EPQL) at ‘AA-/A-1’, signifying high credit quality with low business risk, according to a press release.   While the long-term rating of ‘AA-’ indicates a strong capacity for timely debt repayment, the short-term rating of ‘A-1’ highlights the company’s ability to … Read more

Govt reconstitutes NTDC, ZTBL boards, declares PHA-F as strategic entity D_Trends

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Govt reconstitutes NTDC, ZTBL boards, declares PHA-F as strategic entity D_Trends

The government restructured the board of the National Transmission and Despatch Company (NTDC), appointing two consultants from the United States Agency for International Development (USAID) as independent directors.  The Cabinet Committee made the decision on State-Owned Enterprises (CCOSOEs) during a recent meeting chaired by Finance Minister Muhammad Aurangzeb. The Power Division’s proposal for appointing new … Read more