Engro Powergen Qadirpur Ltd
PPSX:EPQL23.90
PKR
-0.10
(-0.42%)
ISIN
PK0102701015
Return %
Stock
S&P 500
1Y
-19.12
14.20
3Y
-13.22
81.12
5Y
39.77
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Khurram Abdullah
- Full Time Employees
- 98
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Karachi Pakistan
- IPO Date
- Oct 27, 2014
- Website
- engroenergy.com
- Similar Companies
- Business
- Engro Powergen Qadirpur Limited is an independent power producer based in Pakistan that specializes in the generation, transmission, and wholesale supply of electric power to the national energy grid. Incorporated in 2006 and headquartered in Karachi, Pakistan, the company operates as a power generation subsidiary within the energy portfolio of Engro Corporation Limited. The company owns and operates a 217.3-megawatt gross capacity 1x1 combined-cycle power plant located in Qadirpur, District Ghotki, Sindh. Engro Powergen Qadirpur Limited provides thermal power generation utilizing low-BTU permeate gas sourced from the Qadirpur gas field; dual-fuel power generation capabilities supported by high-speed diesel backup systems to ensure grid reliability; baseload electric power transmission delivered under a long-term Power Purchase Agreement with the Central Power Purchasing Agency (Guarantee) Limited; eco-efficient power solutions leveraging previously flared waste gas under international Clean Development Mechanism standards; and complete plant engineering, operational asset management, and grid synchronization services. In recent strategic and operational developments, the company has actively implemented a gas depletion mitigation plan to counter declining indigenous permeate gas pressures, advancing technical studies and commercial agreements for fuel conversion and commingling with re-gasified liquefied natural gas and pipeline gas. Furthermore, the company has explored hybrid renewable energy integration, including evaluating on-site solar photovoltaic installations to optimize plant efficiency, while aligning operations with the broader strategic restructuring and energy asset realignment initiatives of its parent group.