Empowering our future with reliable energy.
INTRODUCTION
Punjab Thermal Power (Private) Limited (PTPL) is a private limited company incorporated under the Companies Act, 2017. It is wholly owned by the Government of Punjab through Energy Department. The main objective of the Company is to establish and operate a 1263 MW thermal power plant based on RLNG at Haveli Bahadur Shah near Trimmu Barrage, District Jhang in Punjab.
The Project implements the latest technology for a Combined Cycle Power Plants (CCPP) supplied by Siemens Energy, Germany resulting in one of the highest efficiencies of 61.16%. PTPL can generate annually 10.5 billion units of electricity and endeavor to supply economical and reliable energy to the national grid throughout the Project’s life cycle of 30 years.
Our Vision
To transform PTPL into a valuable and dynamic power Generation Company for establishment of highly efficient power plant involving latest technology and skilled resources to produce safe, sustainable and economical electricity.
Company Profile
PTPL is a private company limited by shares incorporated under the provisions of Companies Act, 2017. PTPL is owned by the Government of Punjab. The objective of the Company is to establish and maintain 1263 MW Re-Gasified Liquefied Natural Gas (RLNG) based thermal power plant at Haveli Bahadur Shah, District Jhang.
Our Mission
To provide secured, cost-effective, affordable and reliable power supply to meet energy demand in the Country and counter tomorrow challenges hence energizing and revitalizing national economic growth and quality of life.
Punjab Thermal Power (PVT) Limited is a private limited company by shares incorporated under the aegis of Companies Act, 2017. The PTPL is owned by the Government of Punjab through Energy Department.
Core Values
Core Values
| Innovation | Integrity |
| Safety | Team Work |
Innovation & Excellence
We strive for excellence driven by innovation and agility. Top quality and progressive mode in a limited time is our recognition.
INNOVATION
Integrity
& Accountability
Truth, trust, sincerity and highest standards of transparency, integrity and honesty are essence of our Company. We take responsibility for our actions and behavior, recognizing that we should be held accountable for everything we say and everything we do professionally.
INTEGRITY
Safety
PTPL is committed to a healthy and injury-free workplace and to the safety of our employees, contractors, visitors and the communities in which we operate. Safety is our most important performance metric and is fundamental to our overall operational and managerial excellence.
SAFETY
Teamwork
PTPL is a team of talented people deriving expertise from all levels of the company; our people are united, motivated and pleased in contributing as a team.
TEAM WORK
Professional Growth Meets
Social Responsibility
CORPORATE STRATEGY
Punjab Thermal Power (Private) Limited (“PTPL”) aims to bridge the steadily rising gap between electricity demand & supply through establishing and maintaining Re-Gasified Liquefied Natural Gas (RLNG) based Thermal Power Plants possessing high efficiency. The ambition of the Company is to strengthen its position as a leading power producer and to contribute with long-term, cost effective and environment compatible electricity to enhance the national economic activities.
PTPL has a strong vision to promote capacity in the energy sector of the Country through development of highly efficient and state-of-the-art technology power plants at the most economical cost for delivering socio-economic benefits to the Country. The Company shall pursue sustainable growth with fair earnings by undertaking balanced management initiatives and leveraging its project management & engineering competences. PTPL is committed to build strong relationship with its all stakeholders and to work diligently to increase corporate value while complying with applicable laws and high ethical standards. PTPL is confident to play a critical role in eliminating the menace of power outages from the energy starved Country.
Corporate Information
History
The Country was gripped by severe energy shortages for a decade and the gap between production and consumption was widening every year. The energy crisis had caused irreparable loss to the national economy and left a negative impact on the trade and economic activities.
PTPL Has A Strong Vision To Promote Capacity In The Energy Sector Of The Country Through Development Of Highly Efficient And State-Of-The-Art Technology Power Plants At The Most Economical Cost For Delivering Socio-Economic Benefits To The Country. The Company Shall Pursue Sustainable Growth With Fair Earnings By Undertaking Balanced Management Initiatives And Leveraging Its Project Management & Engineering Competences. PTPL Is Committed To Build Strong Relationship With Its All Stakeholders And To Work Diligently To Increase Corporate Value While Complying With Applicable Laws And High Ethical Standards. PTPL Is Confident To Play A Critical Role In Eliminating The Menace Of Power Outages From The Energy Starved Country.
Overview
The Integrated Annual Report 2021 provides a comprehensive overview of financial performance and sustainability of the Company, while highlighting links between the external & internal environment, company strategy, business model, integrated risk management
