Board meeting of Japan Power Generation Limited to be held on April 21, 2016
Karachi, Japan Power Generation Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 21, 2016 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended March 31, 2016.
Further, the closed period of the company shall be from April 14, 2016 to April 21, 2016 (both days inclusive).
Japan Power Generation Limited is a public limited company, incorporated on September 29, 1994 under the Companies Ordinance, 1984. The commercial operations of the company commenced from March 14, 2000. The principal business of the company is to generate and supply electric power to WAPDA. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Lahore.
The power plant of the company is also located in Lahore with an installed capacity of 135 MW. The company comprises of 24 diesel power generator sets of 5.65 MW each and is designed for operation using heavy furnace oil while startup and shutdown operations are on high speed diesel oil.
The company is pursuing the implementation of steam turbine project to generate electricity by recovering waste heat from exhaust of engines which will reduce fuel loss. The shipment of steam turbine has already reached the plant.
The symbol “JPGL” is being used by the stock exchange for the shares of Japan Power Generation Limited.