Nishat Power to invest Rs2.5bn in EV venture NexGen Auto
Nishat Power Limited (NPL) has announced plans to invest up to Rs2.5 billion in NexGen Auto (Private) Limited, a related company concentrated on electric vehicles (EVs). NPL disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. The listed company has called for an Extraordinary General Meeting (EGM) in this regard,…