[vc_row][vc_column][vc_single_image image=”230″ alignment=”center”][vc_empty_space height=”12px”][vcex_heading text=”GUL AHMED ENERGY LIMITED AT GLANCE” el_class=”uper orange”][vc_column_text]Gul Ahmed Energy Limited a 136.17 MW private power plant at Korangi Industrial Area of Karachi. The project is a joint venture of Gul Ahmed Energy Group, Toyota Tsusho Corporation of Japan, International Finance Corporation (IFC) and Wartsila Diesel Oy of Finland.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vcex_heading text=”Who we are” el_class=”uper orange”][vc_column_text]Gul Ahmed Energy Limited is backed by “GUL AHMED ENERGY GROUP” which is one of Pakistan’s leading industrial / business groups since 1948 with a much diversified portfolio of trade, manufacturing banking industries, business and investments.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vcex_heading text=”What we do” el_class=”uper orange”][vc_column_text]Business ventures range from Finance, Energy, Beverage, Real Estate, Information Technology and Textile (the Group’s main forte). The Group is involved in the manufacturing of cotton yarns, grey and finished cloth and textile made ups and is one of the leading exporters of textile products from Pakistan.[/vc_column_text][vc_column_text]
Some of the companies forming part of the Gul Ahmed Group are provided below:
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- Gul Ahmed Wind Power Ltd
- Gul Ahmed Electric Ltd.
- Gul Ahmed Solar Power Ltd.
- Gul Ahmed Textile Mills Ltd.
- Gul Ahmed International Ltd (FZE) UAE
- Gul Ahmed Holding (Pvt) Ltd.
- Metro Power Company Ltd.
- Metro Solar Power Ltd.
- Yassir Distributors (Pvt) Ltd
- Yassir Fruit Juice (Pvt) Ltd.
- Yassir Industries (Pvt) Ltd.
- GTM Europe Ltd. – UK
- GTM USA Corp. – USA
- GML Technology (Pvt) Ltd.
- GML Capital (Pvt) Ltd.
- Kohinoor Energy Ltd.
- Globe Management (Pvt) Ltd.
- Fun Product Pakistan (Pvt) Ltd.
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- Globe Garment Industries (Pvt) Ltd.
- Haji Ali Mohammed Foundation
- Pakistan Beverage Limited
- Pakola Products Ltd.
- Pakistan Business Council
- Ankaa Management Services (Pakistan) Ltd.
- Thar Energy limited
- Hub Power Company Limited
- Sky Home Corporation
- Richies (Pvt) Ltd.
- Advance Health Care & Research Centre Ltd.
- Habib University Foundation.
- Education Fund for Sindh
- B&H Enterprises (Pvt) Ltd.
- B&H Construction (Pvt) Ltd.
- Habib Metropolitan Bank Ltd.
- Excel Insurance Co. Ltd.
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vcex_heading text=”Current Status” el_class=”uper orange”][vc_column_text]The Power Plant setup on Build Own and Operate (BOO) basis has successfully completed 24 years of operations. The plant was maintained under an O&M contract between the company and Wartsila Pakistan (Pvt) Ltd., a wholly owned subsidiary of Wartsila Diesel Oy Finland (the OEM of the plant). Gul Ahmed Energy Limited also owns Gul Ahmed Wind Power Limited (a 50 MW Wind Farm at Jhimpir) setup and commenced commercial operation in having 55.1% equity stake. Gul Ahmed Energy Limited also owns Gul Ahmed Electric Limited (a 50 MW Wind Farm at Jhimpir) and Gul Ahmed Solar Power Limited (a 50 MW Solar Farm at Jhimpir) with 100% equity stake.
The plant is currently being operated by Gul Ahmed Energy Group, with an operational and management team under the supervision of technical professionals having experience of more than30 years in the energy sector.[/vc_column_text][/vc_column][/vc_row]