Pakgen Power Limited
PPSX:PKGP30.68
PKR
-0.68
(-2.17%)
ISIN
PK0100601019
Return %
Stock
S&P 500
1Y
-61.51
14.20
3Y
-15.97
81.12
5Y
30.83
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Mian Hassan Mansha
- Full Time Employees
- 57
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Lahore Pakistan
- IPO Date
- Jun 14, 2011
- Website
- pakgenpower.com
- Similar Companies
- Business
- Pakgen Power Limited, officially renamed Pakgen Limited, is a Pakistan-based electric power generation and strategic investment company associated with the Nishat Group. The company is primarily engaged in the generation and sale of electricity, power plant operations, maintenance, and asset management, while actively expanding into strategic corporate investments and portfolio diversification. Its core operational asset consists of a 365-megawatt gross capacity residual fuel oil-fired thermal power generation facility situated in Mehmood Kot, District Muzaffargarh, Punjab, Pakistan. The company provides power generation capacity, net electrical output, and energy infrastructure management services; bulk electricity transmission support to national grid systems; thermal plant operation and equipment maintenance services; fuel inventory handling and thermal efficiency management; and corporate asset monetization and redeployment services. Historically, the company operated as an independent power producer supplying generated electricity to the national grid through the state-owned Central Power Purchasing Agency under long-term power purchase agreements. In recent developments, Pakgen Power Limited executed a negotiated settlement agreement with the Government of Pakistan and the Central Power Purchasing Agency for the early termination of its long-term Power Purchase Agreement, originally slated to expire in October 2028, effective January 31, 2025. Following the settlement and receipt of outstanding capacity and energy receivables, the company approved an Alternate Business Plan to repurpose its operations, restructure its capital base, and monetize non-operating assets. In April 2026, shareholders approved an amendment to the company's principal line of business to encompass diversified industrial investments and business operations, culminating in the formal corporate rebranding from Pakgen Power Limited to Pakgen Limited in June 2026 upon approval from the Securities and Exchange Commission of Pakistan. Additionally, the company initiated a comprehensive capital reduction program involving the buyback and cancellation of up to 185 million ordinary shares, representing nearly half of its outstanding equity, and is exploring strategic equity acquisitions, including potential investments in the agro-industrial sector. Pakgen Power Limited was incorporated in 1995 and is headquartered in Lahore, Pakistan.