Lalpir Power
CountryPakistan
LocationMehmood Kot, Muzaffargarh District
Coordinates30°10′22″N 70°59′37″E / 30.1727°N 70.9935°E / 30.1727; 70.9935
StatusOperational
Construction began1994
Commission date1997
Owner(s)Nishat Group
Thermal power station
Primary fuelFurnace oil
Power generation
Nameplate capacity727 MW
External links
Websitewww.lalpir.com

The Lalpir Power Company Limited, (لال پیر پاور کمپنی لمیٹڈ) was incorporated in 1994, located in Mehmood Kot, District Muzaffargarh, Punjab, Pakistan.[1] Lal Pir Power Plant produces 362 MW of electricity whereas PakGen produces 365MW of electricity.[2][3] It is owned by Nishat Group.[4][5]

Nichimen Japan was hired as an EPC contractor.[6] The plant started its operation in 1997 and was operated by an American company AES Corporation.[6]

In 2010, Nishat Group and consortium acquired the two plants, AES Lalpir and PakGen.[7] Nishat Group would have controlling shares of 50 percent, whereas Abu Dhabi Investment Council (ADIC), which is owned by the Government of Abu Dhabi, would have 30 percent shares, and The City School would have 20 percent shares.[7]

The company is listed on the Pakistan Stock Exchange.[6]

References

  1. Correspondent, Our Equities (21 March 2017). "Lalpir Power profit up 17pc".
  2. Hussain, Dilawar (December 15, 2009). "Nishat Mills to acquire two thermal plants". DAWN.COM.
  3. "Lalpir, Pakistan". www.lalpir.com.
  4. "Who owns Pakistan? 11 business groups that own 35pc of KSE's market cap". Profit by Pakistan Today. 2018-05-13. Retrieved 2022-02-28.
  5. "GE signs Digital Power Plant agreements with Lalpir Power in Pakistan". thepeninsulaqatar.com. 2016-10-10. Retrieved 2022-02-28.
  6. 1 2 3 "Lalpir Power Limited". August 7, 2018.
  7. 1 2 "Nishat Group, consortium acquire AES units". DAWN.COM. June 18, 2010.


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