Saif Power Ltd
PPSX:SPWL8.18
PKR
+0.10
(+1.24%)
ISIN
PK0108801017
Return %
Stock
S&P 500
1Y
-18.28
14.20
3Y
-55.42
81.12
5Y
-51.45
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Jehanglr Salfullah Khan
- Full Time Employees
- 69
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Islamabad Pakistan
- IPO Date
- Sep 29, 2014
- Website
- saifpower.com
- Similar Companies
- Business
- Saif Power Limited is an independent power producer (IPP) primarily engaged in the generation and wholesale supply of electric power to Pakistan's national grid through the ownership, operation, and maintenance of a combined cycle thermal power facility. Founded in 2004 and headquartered in Islamabad, Pakistan, the company operates as a key energy subsidiary of the Saif Group conglomerate. The company's primary asset is a 225-megawatt gross capacity dual-fuel combined cycle power generation plant located at Qadirabad in the Sahiwal District of Punjab, Pakistan, designed to run on pipeline-quality natural gas and re-gasified liquefied natural gas (RLNG) as its primary fuel source and high-speed diesel (HSD) as a secondary backup. The company's core products and operational services comprise the generation and bulk transmission of electric power delivered under a long-term Power Purchase Agreement (PPA) with the Central Power Purchasing Agency (CPPA-G); provision of guaranteed generation capacity and network grid stability to the National Transmission and Despatch Company (NTDC); thermal and combined cycle power plant operations and maintenance (O&M) management, including gas turbine combustion inspections, steam turbine overhauls, and heat recovery steam generator (HRSG) servicing; fuel management, storage, and dual-fuel switching operations; environmental compliance and emissions monitoring; thermodynamic efficiency optimization; and auxiliary power system management. In recent developments, Saif Power Limited has participated in comprehensive power sector restructuring discussions and contract renegotiations with the Government of Pakistan and the Task Force on Power Sector Reforms to address national circular debt issues, refine capacity payment structures, and align tariff terms. To adapt to emerging regulatory changes, the company has undertaken strategic preparations for the implementation of the Competitive Trading Bilateral Contract Market (CTBCM) framework to facilitate direct power sales to high-demand commercial and industrial consumers, while evaluating plant modernization initiatives, heat rate optimizations, and potential hybrid renewable energy integration projects to diversify long-term operations.