engro powergen limited
Engro Powergen Limited owns and operates Engro Powergen Qadirpur Limited, a 220 megawatt power plant and the group’s first initiative in the power sector of Pakistan, which is 10% directly owned by the holding company and 84% via Engro Powergen. The remainder is owned by the International Finance Corporation (IFC) and employees. In 2010, Engro Powergen entered into a joint venture with the Sindh government, to establish the Sindh Engro Coal Mining Company Limited, to mine coal from Thar Block-II. A wholly owned subsidiary, Thar Power Company (THARCO) was incorporated with the objective of developing power plants based on Thar coal.