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11/02/2024 09:33:50 am

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Abraaj Group

China’s Shanghai Electric Power firm will buy a $1.77 billion controlling stake in Pakistan's K-electric.

Shanghai Electric Acquires Controlling Stake in Pakistan's K-Electric

China's Shanghai Electric Power firm will buy a $1.77 billion controlling stake in K-electric, Pakistan's largest and only vertically integrated power utility, the Abraaj Group announced on Sunday.

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