Engro Energy
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Engro Energy
Engro Energy Limited (formerly ''Engro Powergen Limited'') () The story of Engro Energy goes back to 2008, when a fully owned subsidiary was incorporated by conglomerate Engro Corporation to develop power projects in Pakistan and beyond. Engro PowerGen Their first intervention in the energy sphere was launched in the form of Engro Powergen Qadirpur Limited which owns and operates a 217 MW power plant in Qadirpur Qadirpur ( fa, قديرپور, also Romanized as Qadīrpūr) is a village in Qaleh Rural District, in the Central District of Manujan County, Kerman Province, Iran Iran, officially the Islamic Republic of Iran, and also called ..., Ghotki and runs on permeate gas which was previously being flared. This unique aspect makes the Engro Powergen Qadirpur plant one of the few green power plants in Pakistan earning carbon credits. Engro Energy Thar Projects Engro Energy formed the Sindh Engro Coal Mining Company in collaboration with its partners to ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Energy
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass whe ...
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Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ...
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Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ...
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Engro Corporation
Engro Corporation (Engro), ( ur, ) is a conglomerate (company), conglomerate headquartered in Karachi. Founded as a fertilizer business in 1965, it is one of the largest companies in the country that employs over 2,600 individuals across the Group and has operations in a diverse range of businesses. With a core purpose to solve the pressing issues in Pakistan, Engro operates through the following four verticals: Food & Agriculture, Energy & Related Infrastructure, Petrochemicals, and Telecommunication Infrastructure. Significant Engro subsidiaries include Engro Fertilizers, Engro Eximp Agriproducts, Engro Eximp FZE, Engro Energy, Engro Powergen Qadirpur, Engro Powergen Thar, Engro Elengy Terminal, Engro Vopak Terminal, Engro Polymer & Chemicals and Engro Enfrashare. Further, the notable Associate/ joint venture companies include FrieslandCampina Engro and Sindh Engro Coal Mining Company. History In 1957, Esso-Mobil discovered the region’s largest gas reserves within the ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Qadirpur Gas Field
Qadirpur gas field is one of the major gas reserves of Pakistan. The field is located at a distance of from Ghotki in Sindh Province. Discovered in March 1990, it is a joint venture between Oil and Gas Development Company, KUFPEC Pakistan B.V., PKP Exploration Ltd (Premier Oil), PKP2 Exploration Ltd (KUFPEC) and Petroleum Pakistan Limited, each holding 75%, 8.5%, 4.75%, 4.75% and 7% respectively. The Qadirpur gas field is currently one of OGDCL largest operated gas producing fields, accounting for 34%, 32% and 29% of OGDCL net gas production for 2012, 2013 and 2014, respectively. The field is located 8 km from Ghotki, 70 km northeast of Sukkur and 100 km east of Jacobabad in Sindh province.its it is located from main (90 km, sadiqabad = karachi, 540 km) highway road stop ahmed ki, 4 km away inside. Gas production on this field commenced in September 1995 by Prime Minister Benazir Bhutto after the installation of gas gathering facilities and pro ...
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Ghotki District
Ghotki District ( sd, ضِلعو گھوٽڪي; ) is a district of the province of Sindh, Pakistan, with headquarter the city of Mirpur Mathelo. Prior to its establishment as a district in 1993, it formed part of Sukkur District. Administration The Ghotki district is administratively subdivided into the following Tehsils: * Mirpur Mathelo Tehsil * Daharki Tehsil * Ghotki Tehsil * Ubauro Tehsil * Khangarh Tehsil Location The Ghotki District is a border district between the northern Sindh province of Pakistan and Punjab, Pakistan. Sugar Cane Ghotki District has recently embraced sugar cane. The total acreage of cultivable land is 286,090 ha in 2019–20. The area under cultivation of sugar cane increased to 58,774 ha in 2019-20 from 6,511 ha in 2011–12. Five functional sugar mills are located in the district. Geography Ghotki District is stretched in 6975 km2 (1,555,528 acres). 25,000 acres area of the district consisting of desert land, 402,578 acres (25.88%) is floo ...
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Sindh Engro Coal Mining Company
Sindh Engro Coal Mining Company (SECMC) is a joint venture corporation between the Government of Sindh, Hubco and Engro Corporation founded in 2009 tasked to mine and establish power projects from the Block II of the Thar coalfield in Tharparkar. Government of Sindh owns 51% of the company. SECMC projects include's under construction 660MW of power plant when completed in 2017. Its flagship project is based on 75:25 debt to equity ratio. The company raised $900 million from Chinese banks, $300 million from a Pakistani banking consortium and the remaining $400 million from sponsors. SECMC is establishing another 600MV plant in partnership with State Power Investment Corporation. It would in total produce 3,960MW of electricity, in six phases, from the coal in Block II of the project. The first phase of 660MW would be completed within three and a half years, while a new unit of 660MW each would be added subsequently. A sum of $1.6 billion with $800 million component for the open pit m ...
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Tharparkar
Tharparkar (Dhatki language, Dhatki/ sd, ٿرپارڪر, ur, ), also known as Thar, is a district in Sindh province in Pakistan headquartered at Mithi. Before Indian independence it was known as the Thar and Parkar district. The district is the largest in Sindh, and has the largest Hindus, Hindu population in Pakistan. It has the lowest List of Pakistani Districts by Human Development Index, Human Development Index rating of all the districts in Sindh. Currently the Sindh government is planning to divide the Tharparkar district into Tharparkar and Chhachro district. History The name Tharparkar originates from a portmanteau of the words Thar (referring to the Thar Desert), and parkar (meaning "to cross over"). The Thar region was historically fertile, although it was mostly desertified between 2000 and 1500 BC. Before its desertification, a tributary of the Indus River was said to flow through the region; it is speculated by some historians that this river could be the ancien ...
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Thar Engro Coal Power Project
The Engro Thar Coal Power Project (Thar-ll) is a coal-fired power plant developed as part of the China–Pakistan Economic Corridor by Sindh Engro Coal Mining Company (a joint venture between the government of Sindh and Engro Corporation) and China Machinery Engineering Corporation in the Thar Block-II of the Thar Coalfield, Tharparkar District, Sindh, Pakistan 25 kilometers from the town of Islamkot Islamkot Tehsil ( ur, ), () is a Tehsil in the Tharparkar District in Sindh, Pakistan. Hundreds of neem trees seen on Islamkot-Mithi, Islamkot-Chachro and Islamkot-Nagarparkar roads were planted during chairmanship of Nihalchand Pabani and under ... near the village of Singharo-Bitra. Background In May 2008, the Government of Sindh invited proposals for the development of Thar Coal reserves through a public-private partnership basis. The Sindh Engro Coal Mining Company (SECMC) was formed as a joint venture between Government of Sindh (GoS) and Engro Corporation in Oc ...
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Balochistan
Balochistan ( ; bal, بلۏچستان; also romanised as Baluchistan and Baluchestan) is a historical region in Western and South Asia, located in the Iranian plateau's far southeast and bordering the Indian Plate and the Arabian Sea coastline. This arid region of desert and mountains is primarily populated by ethnic Baloch people. The Balochistan region is split between three countries: Iran, Afghanistan and Pakistan. Administratively it comprises the Pakistani province of Balochistan, the Iranian province of Sistan and Baluchestan, and the southern areas of Afghanistan, which include Nimruz, Helmand and Kandahar provinces. It borders the Pashtunistan region to the north, Sindh and Punjab to the east, and Iranian regions to the west. Its southern coastline, including the Makran Coast, is washed by the Arabian Sea, in particular by its western part, the Gulf of Oman. Etymology The name "Balochistan" is generally believed to derive from the name of the Baloch people. Since ...
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