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Tuesday May 07, 2024

Clarification

By our correspondents
March 11, 2017

Apropos to the story published titled ‘Pak-China venture to offer 3pc stakes in power project to Balochistan’, it is clarified that initially Hubco’s shareholding would be 47.5 percent, CPIH’s shareholding would be 52.5 percent in Hub Power 1320MW coal power project, thereafter both Hubco and CPIH would transfer 1.5 percent to the government of Balochistan and the final shareholding would be CPIH 51 percent, Hubco 46 percent and the government of Balochistan three percent.