Company Profile:
Nishat Power Ltd. is a producer.
Nishat Power Ltd. Company Introduction
Nishat Power Ltd. (NPL) is an independent power producer (IPP) based in Pakistan. The company's primary business is the generation and sale of electricity. It operates a combined cycle power plant, contributing to the energy supply of Pakistan. NPL is part of the larger Nishat Group, one of the leading business conglomerates in Pakistan with diversified interests across various sectors including textiles, cement, banking, insurance, and hospitality.
Nishat Power Ltd. was incorporated in 2007 as a public limited company. It commenced commercial operations in 2010. The company's power plant is located in Jamber Kalan, District Kasur, Punjab, Pakistan, and has an installed capacity of approximately 200 megawatts (MW). It sells electricity to the National Transmission and Despatch Company (NTDC) under a long-term Power Purchase Agreement (PPA). The company utilizes residual furnace oil as its primary fuel source for power generation.
In summary, Nishat Power Ltd. is definitively a producer, as it manufactures electricity.