IPO @ Rs30.02/sh |Buy |Commendable
Engro Powergen
Qadirpur Limited was incorporated in Pakistan on February 28, 2006. The company
completed construction and testing of its 217.2 MW(net) combined cycle power
plant and commenced commercial operations on March 27, 2010.
Plant details
The
company has set up a 217.2 MW (net)
gas based thermal power project near Qadirpur,
District Gothki, Sindh.
Company
is using permeate gas as its primary fuel source and HSD as the startup and
backup fuel. Permeate gas is a by-product of gas purification process earlier
this gas was flared but EPQL makes it worthy and that allow EPQL to obtain an
edge among other thermal based power plants.
The
plant is a combine cycle plant with one gas turbine, one heat recovery steam
generator and one steam turbine.