Change of CEO / Director of Kohinoor Power Company Limited | Pakistan Company News

Change of CEO / Director of Kohinoor Power Company Limited

Karachi, Kohinoor Power Company Limitedinformed Pakistan Stock Exchange that Mr. ZeidYousafSaigol has been appointed as CEO / Director of the Company with effect from February 28, 2018 in place of Mr. M. AzamSaigol.

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.