Review of Engro energy companies.

AuthorKazmi, Shabbir

Byline: Shabbir Kazmi

Engro Powergen Qadirpur

Incorporated in 2008 as a subsidiary to develop power projects in Pakistan, Engro Powergen Qadirpur Limited is Engro Corporation's first initiative into the country's power sector. Its 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 Energy owns and operates Engro Qadirpur, a 217 megawatt power plant and the group's first initiative in the power sector of Pakistan. Engro Qadirpur was listed at Karachi Stock Exchange (mow Pakistan Stock Exchange) in October 2014, offerings its 25% shares though an IPO. As of now Engro Qadirpur is 69% owned by Engro Corporation via Engro Energy, whereas the remainder is owned by the International Finance Corporation (IFC) and employees.

Its first Independent Power Project (IPP) and unique concept in energy conservation is 217 MW power plant at Qadirpur, presently the only green facility of its kind in Pakistan to utilize permeate gas for reduced carbon emissions. Engro Powergen Qadirpur plant has opened new doors of opportunity for investors hailing from Pakistan's private and public sectors. This project is very unique in a way that it utilizes high sulfur gas which was being flared through Qadirpur gasfield for almost a decade. It converts this sulfur into electric power. This energy conservation idea showed the waste gas a right path to burn. This is a 1+1+1 configuration dual fuel fired combined cycle power plant with a 123 MW Gas T Turbine, 400 tons/hour Heat Recovery Steam Generator and 110 MW Steam Turbine. The plant uses permeate gas as its primary fuel source and HSD as backup fuel.

The unique fuel usage, which was previously being flared, makes Engro Powergen Qadirpur one of the lowest opportunity cost thermal power plants in the country. It paves the way for brighter living with investments aimed at boosting the nation's energy sector, preserving the environment, inspiring innovations and forming lasting changes within the communities that we engage with.

Sindh Engro Coal Mining Company

Sindh Engro Coal Mining Company (SECMC) is a joint venture between Government of Sindh (GoS), Engro Energy (formerly Engro Powergen Limited) and its partners: Thal Limited (House of Habib), Habib Bank Limited (HBL), Hub Power Company (HUBCO) and China Machinery Engineering Corporation (CMEC).

SECMC was created...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT