Nishat Power Limited
PPSX:NPL54.54
PKR
-2.34
(-4.11%)
ISIN
PK0094301014
Return %
Stock
S&P 500
1Y
51.75
14.20
3Y
116.34
81.12
5Y
200.33
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
FRC
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in mil. unless spec.Company Description
- CEO
- Ghazanfar Husain Mirza
- Full Time Employees
- 230
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Lahore Pakistan
- IPO Date
- Aug 28, 2009
- Website
- nishatpower.com
- Similar Companies
- Business
- Nishat Power Limited is an independent power producer (IPP) based in Pakistan that specializes in the development, ownership, operation, and maintenance of thermal electricity generation infrastructure. Founded in February 2007 and headquartered in Lahore, Pakistan, the company operates as a subsidiary of Nishat Mills Limited and is a constituent of the multinational conglomerate Nishat Group. Nishat Power Limited primarily generates and supplies electric power to the national grid under long-term power purchase arrangements with the Central Power Purchasing Agency (CPPA-G). The company's core operational portfolio and commercial capabilities encompass thermal electricity generation and bulk wholesale power transmission; the operation and routine servicing of a 200-megawatt gross (195.305-megawatt net) combined-cycle power generation facility located in Jamber Kalan, Tehsil Pattoki, Kasur District, Punjab; the technical operation and maintenance of eleven heavy fuel oil-fired Wärtsilä 18V46 reciprocating engine generator units; the recovery and conversion of exhaust heat into electrical energy via an integrated waste heat recovery boiler and a 13.979-megawatt steam turbine generator system; specialized in-house power plant engineering, testing, and lifecycle asset management; residual furnace oil procurement, fuel handling, storage, and purification logistics; and high-voltage grid interconnection, power dispatch synchronization, and regulatory compliance monitoring. In recent developments, Nishat Power Limited executed a comprehensive Power Purchase Agreement Amendment Agreement with the Government of Pakistan's power sector authorities, transitioning the operational tariff framework from a traditional take-or-pay capacity regime to a restructured hybrid take-and-pay model. The agreement revised the company's return on equity components, instituted caps on foreign and domestic operations and maintenance indexation, facilitated the unconditional withdrawal of pending arbitrations, and settled legacy outstanding sovereign receivables to optimize company liquidity. In parallel with sector reforms transitioning Pakistan toward a Competitive Trading Bilateral Contract Market (CTBCM), Nishat Power Limited has advanced its strategic capital allocation by securing an equity stake in NexGen Auto (Private) Limited and participating in power sector privatization consortiums.