
In 2005, Dao Aljomaih led the acquisition of Karachi Electric Supply Corporation,
one of the largest power utilities in Pakistan, in conjunction with National
Industries Holdings (NIH). Karachi Electric is engaged in the generation and
distribution of 1750 MW electricity to industrial, commercial, agricultural and
residential customers in Karachi and several other regions of Pakistan - an
area totaling some 6,000 km2. The company is now majority owned by KES
Power Limited (a holding company is owned 15 percent by Aljomaih) with the
Government of Pakistan and other local investors as minority share holders.

Karachi Electric plans to expand capacity by adding modern, more energyefficient generation units at its thermal power stations. Aljomaih heads the new Board of Directors and is actively involved in a dynamic program to enhance customer service, improve supply reliability, and strengthen the environmental, health and safety management systems.
In a further landmark deal, 2007 saw a new joint venture between Aljomaih
and Malaysia’s Tanjong Energy Holdings with total combined generator
capacity of 1804 MW competitive international tender process. The portfolio
of generators includes five natural gas power stations, ranging from 110 to
683 MW, in Egypt, Bangladesh and Pakistan. Two 25 MW oil fuel power plants
are also located in Sri Lanka.
Background : S K Hydro Power Project (SKH) is an Independent Power Project (IPP)
to be set up in the North of Pakistan. It will be one of the largest run of the
river hydro power projects in Asia with capacity to generate 840 MW of clean energy;
estimated to be completed at a cost of US$ 1.2 billion. Aljomaih Group is the lead
partner in SK Hydro Consortium. The project was awarded in 2005, it has been granted
a 30 year Generation License and an approved tariff by the Govt. of Pakistan.
Project Financing : SKH is the only private sector IPP which has been approved by the
World Bank for further processing at this time. Along with the World Bank, the
consortium is also expected to comprise of IFC, ADB and other multilateral agencies.
Current Consortium : Aljomaih Group is the lead partner; Eden Enterprises of Malaysia as the initial shareholder ; The Project Developer is The Asian Energy Ventures.
Company |
Japan Power Generation Limited |
Installed Capacity |
135.6 MW |
Dependable Capacity |
107 MW |
Location |
Off Raiwind Road, Near Jia Bagga Railway Station |
Fuel |
Heavy Furnace Oil (HFO) |
Technology |
Diesel Engines |
Plant Configuration |
24 Oil Fired Units of 5.65 MW Each |
Plant Manufacture |
Mitsubishi Heavy Industries (Japan) |
Plant Operation & Maintenance |
Siemens Pakistan Engineering Co. Ltd. |
Power Purchaser |
WAPDA |
Life of the Complex |
30 Years |
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Tel : + 965 22640328/9
Email : ma@daogroup.net