Kot Addu Power Plant (the “Power Plant”) was built by the Pakistan Water and Power Development Authority (“WAPDA”) in five phases between 1985 and 1996 at its present location in Kot Addu, District Muzaffargarh, Punjab. In April 1996, Kot Addu Power Company Limited (“kapco”) was incorporated as a public limited company under the Companies Ordinance, 1984 with the objective of acquiring the Power Plant from WAPDA. The principal activities of kapco include the ownership, operation and maintenance of the Power Plant.
Following the successful completion of the Offer for Sale by the Privatisation Commission (on behalf of WAPDA) in February 2005, 18% of kapco’s shareholding is now held by the General Public.
On April 18, 2005 kapco was formally listed on all three Stock Exchanges of Pakistan.
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