Pakistan Company News

Board of Directors meeting of Kohinoor Power Company Limited

Karachi, Kohinoor Power Company Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on April 30, 2019 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2019.

Further, the company has declared the closed period from April 24, 2019 to April 30, 2019.

Kohinoor Power Limited (KPL), located in Faisalabad, was established in 1991 and started commercial production in January, 1992 with a total generating capacity of 10.2 MW. With the installation of another set of 5.1MW in April 1994, the production capacity was enhanced to 15.3MW. KPL was amongst the earliest captive power plants set-up in the private sector. The company was launched with the initial cost of Rs. 176 mn by the reputable Saigols group, which are currently involved in a host of diverse business activities in Pakistan. The group has been one of Pakistan’s pioneering business families and enjoys a sound reputation.