LAHORE : The management of Lalpir Power Limited visited The LSE to deliver a presentation on the Offer for Sale of Shares of Lalpir Power Limited. Mr. Hasan Mansha, CEO, Lalpir Power Limited while addressing before the audience announced the quarterly revenue of Rs 800m during the first quarter of year 2013. Mr. Mansha shared that Lalpir Power Limited is offering 37.9 million shares to the general public out of its existing shareholding at a price of Rs. 22 (inclusive of Rs 12 premium) per share.

He informed that public subscription will begin on 3rd July and will remain open till 4th July through the company’s associated banks across Pakistan.

Mr. Hasan Mansha apprised the participants on the business segments of the company. While responding to one of the participant’s query, he informed that the power project set up by the company has a gross generation capacity of 362 MW with a net generation dependable capacity of 350 MW. It is a residual furnace oil based project. The plant operated at a capacity of 55% during the year 2012.