| Kot Addu Power Company | |
| Traded As: | KSE 100 component |
| Type: | Public |
| Area Served: | Pakistan |
| Industry: | Electric power |
| Revenue: | [1] |
| Revenue Year: | 2023 |
| Income Year: | 2023 |
| Net Income Year: | 2023 |
| Assets Year: | 2023 |
| Location: | Kot Addu, Punjab, Pakistan |
| Equity Year: | 2023 |
| Num Employees: | 449 |
| Num Employees Year: | 2023 |
The Kot Addu Power Company (KAPCO) (ur|کوٹ ادّو پاور کمپنی) is a Pakistani electric power company based in Lahore.[2] It formerly operated a multi-fuel fired power plant in Kot Addu District, Punjab.[3] [4] The plant had a nameplate capacity of 1,600 MW consisting of 15 generating units.[5] [6]
Kot Addu power station was constructed by the Water and Power Development Authority (WAPDA) in five phases between 1985 and 1996.[7] [8] It consists of 15 generating units with a total installed capacity of 1,600 MW.[7] [9]
In April 1996, as part of Pakistan's privatization efforts, Kot Addu Power Company (KAPCO) was incorporated as a public limited company.[7] The management of the company was transferred to the UK-based National Power (now International Power), which initially acquired a 26 percent stake in KAPCO at a valuation of $1583 million, later increasing its ownership to 36 percent.[10] [7] [11]
In 2005, the Privatisation Commission, on behalf of WAPDA, conducted a public offering in which 18 percent of KAPCO's shares were sold to the general public at a strike price of PKR 30.[12] [13] [14] Subsequently, on 18 April 2005, KAPCO was listed on the Karachi, Lahore, and Islamabad Stock Exchanges.[7] [8]
In 2014, National Power sold its entire shareholding to the local investors.[15]