Kot Addu Power
Pakistani Power Company
From Wikipedia, the free encyclopedia
The Kot Addu Power Company (KAPCO) (Urdu: کوٹ ادّو پاور کمپنی) is a Pakistani electric power company based in Lahore.[2] It formerly operated a multi-fuel fired power plant in Kot Addu District, Punjab.[3][4] The plant had a nameplate capacity of 1,600 MW consisting of 15 generating units.[5][6]
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| Company type | Public |
|---|---|
| PSX: KAPCO KSE 100 component | |
| Industry | Electric power |
| Founded | 1996 |
| Headquarters | Kot Addu, Punjab, Pakistan |
Area served | Pakistan |
Key people | |
| Revenue |  Rs. 25.43 billion (US$91 million)[1] (2023) |
| Rs. 13.07 billion (US$47 million)[1] (2023) | |
| Rs. 3.95 billion (US$14 million)[1] (2023) | |
| Total assets | Rs. 101.84 billion (US$360 million)[1] (2023) |
| Total equity | Rs. 66.08 billion (US$240 million)[1] (2023) |
Number of employees | 449[1] (2023) |
| Website | www |
History
Kot Addu power station was constructed by the Water and Power Development Authority (WAPDA) in five phases between 1985 and 1996.[7][8] It consists of 15 generating units with a total installed capacity of 1,600 MW.[7][9]
In April 1996, as part of Pakistan's privatization efforts, Kot Addu Power Company (KAPCO) was incorporated as a public limited company.[7] The management of the company was transferred to the UK-based National Power (now International Power), which initially acquired a 26 percent stake in KAPCO at a valuation of $1583 million, later increasing its ownership to 36 percent.[10][7][11]
In 2005, the Privatisation Commission, on behalf of WAPDA, conducted a public offering in which 18 percent of KAPCO's shares were sold to the general public at a strike price of PKR 30.[12][13][14] Subsequently, on 18 April 2005, KAPCO was listed on the Karachi, Lahore, and Islamabad Stock Exchanges.[7][8]
In 2014, National Power sold its entire shareholding to the local investors.[15]