Orient Power Company
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Orient Power Company (OPCL) is based in Karachi, Sindh, Pakistan.
Orient Power was the first independent power producer to initial the agreements under the Policy for Power Generation Projects, 2002. This project would be capable of operating on dual-fuel, based on combined cycle technology, would use gas as fuel, and would be established at an estimated cost of $170 million.
The 450MW power plant will be constructed in two phases at Balloki, just outside the city of Lahore, Punjab. Mulham Al Jarf, deputy chief executive officer of Oman Oil Company; and Nadeem Babar, chief executive officer of Orient Power Company; signed the shareholders’ agreement in Karachi.
The government-owned Oman Oil Company acquired a 49 per cent stake in Orient Power Company on October 9th, 2006.
