Election of Directors of Engro Powergen Qadirpur Limited (Updated on 14-10-2019).

Karachi: Engro Powergen Qadirpur Limited informed Pakistan Stock Exchange that at the Company's Extra Ordinary Meeting the seven were elected as Directors on the Board of the Company for three year term commencing from October 14, 2019.

Engro Powergen is incorporated in 2008 as a subsidiary to develop power projects in Pakistan. It is Engro Corp's first initiative into the country's power sector. Our aim is to ease the burden on the nation's energy sector by developing projects exploring cleaner, more efficient and economically viable sources of power generation including wind, hydro and solar energy. Engro Powergen Limited owns and operates Engro Powergen Qadirpur Limited, a 217 megawatt power plant and the group's first initiative in the power sector of Pakistan. Engro Powergen Qadirpur Limited was listed on the Karachi Stock Exchange in October 2014 where 25% of the shares were offered. As...