is extracted from air flow using wind turbines
To give our customers an energy abundant future by harnessing the potential of the environment in a safe and sustainable manner
The Core Values are based on the values for the whole group. Ethics plays a major role in all our dealings. HSE is an important factor in all decisions together with Corporate Social Responsibility. The company focus is on recruiting and retaining high caliber human resource
Integrity, Performance
& Expertise
Innovation
Ethics
Enhance
Shareholder
Value
Team work
& Partnership
Health, Safety
& Environment
External & Community
Involvment
Individual Growth
& Development
Tenaga Generasi Limited (TGL), a Malaysian company, was incorporated
in Pakistan in 2004 for the purpose of setting up a 50MW Wind Power Plant.
The company was allocated 1200 acres of inter-tidal land for setting up of
the plant in KhutiKun area, District Gharo, Sindh. NEPRA issued a Generation License
to TGL with an initial validity of 20 years. Subsequently, in January 2008, the company decided to exit Pakistan and TGL was acquired by Dawood Lawrencepur Limited(DLL). TGL is now a subsidiary of Dawood Lawrencepur Limited (DLL).
Following the purchase, Alternate Energy Development Board(AEDB) in April 2008 increased the land allocation to 4881 acres.
This land is sufficient for setting up a 100MW wind farm. The current development
plan envisages the setting up of a 50MW wind farm in the first phase,
which would then be increased to 100MW.
The wind power projects are being regulated by the Renewable Energy Policy
of the Government. The land is being allocated by AEDB in the Wind Corridor located
in the Sindh region as this corridor provides location near major load centers and has
ready availability of requisite infrastructure. The applicable tariff is determined
by NEPRA. Currently the Feed-in Tariff regime is being applied.
The first 50MW wind farm is based on the GE 1.6-82.5 wind turbines and will
provide power to the national grid at 132kV. Construction has commenced following the financial close in 2015, and it is estimated that the commercial operation will be achieved in Quarter 4, 2016.
Shahid Hamid Pracha (Chairperson)
Shahid Pracha previously served as Chief Executive Officer of the Dawood Hercules Corporation, and Dawood Foundation. Prior to joining the Dawood Group, he spent a major part of his career with ICI PLC’s Pakistan operations in a variety of senior roles including a period of international secondment with the parent company in the UK. He is also a founding member of the Pakistan Society for Human Resource Managers and previously served as the first CEO of the Karachi Education Initiative, the sponsoring entity of the Karachi School of Business & Leadership.
Shahid holds a degree in electrical engineering from the University of Salford, UK.
Mohammad Shamoon Chaudry (Chief Executive Officer)
Shamoon Chaudry has more than 23 years of experience in the financial sector. Shamoon started his career in investment banking within Corporate Finance/Advisory in Pakistan. He then moved to New York selling listed equities to funds investing in emerging markets. Subsequently, he shifted to development finance helping Small and Medium Enterprises (SMEs). During this period, he has worked at the government and policy level, industrial sector level, and with other individual enterprises.
In the last twelve years, he worked primarily in Islamic investments, asset management, and financial control. During this period, he has managed investments in the UK, USA, EU, Southeast Asia, and GCC.
Shamoon also served as the adjunct faculty in finance at Lahore University of Management Sciences (LUMS). He holds a master’s in finance from London Business School and an MBA from Lahore University of Management Sciences (LUMS).
Shafiq Ahmed
Shafiq Ahmed joined Dawood Group in 2007 and has worked in different positions, including the Chief Executive Officer of Dawood Lawrencepur Limited and Tenaga Generasi Limited. He is currently serving as the Chief Executive Officer of the Group’s private companies comprising of Patek, Dawood Corporation, and Towershare. He is also serving on the Board of Directors of Dawood Lawrencepur, Tenaga Generasi, Reon Alpha, Dawood Corporation, SACH International, Pebbles, Inbox Business Technologies Limited, and The Dawood Foundation.
Prior to joining Dawood Group, he served in a senior management position at Pakistan National Shipping Corporation and EY Ford Rhodes Sidat Hyder & Co., Chartered Accountants.
He is a Chartered Accountant from the Institute of Chartered Accountants of Pakistan and has a degree in Law from the University of Karachi. Shafiq is also a certified director from the Pakistan Institute of Corporate Governance.
Mujtaba Haider Khan
Mujtaba previously served as the Head of Strategy for Dawood Hercules Corporation. Before DH Co, he worked as the Head of Strategy and Transformation for British Telecom in London. At BT, Mujtaba served in various commercial roles including Project Director in Global Services Division and as the Head of Procurement for the UK-wide fiber rollout program. Mujtaba started his career as a software entrepreneur at the age of 19 and since then he has been part of founding teams in a range of startups in technology, security, and financial services spaces.
Mujtaba holds his BS in Computer Systems Engineering and an MBA from Cranfield School of Management.
Ahsan Zafar Syed
Ahsan Zafar is the Chief Executive Officer of Engro Fertilizers and has been associated with Engro for more than 30 years.
He played a key role in the construction of the USD 1.1 Billion EnVen Project, for Engro Fertilizers and operations of Pakistan’s largest rice processing facility for Engro Eximp. Since 2014, Ahsan has been associated with Engro Energy, responsible for taking the Thar project to its commercial operations in 2019. He also served as the CEO of Engro Energy, overseeing investments, operations, and business development at Engro Powergen Qadirpur, Engro Powergen Thar, Sindh Engro Coal Mining Company, Engro Energy Services, and Siddiqsons Energy.
Ahsan is also serving as the Chairman of the Board of Elengy Terminal Pakistan. He has previously served as Convenor “Light Engineering Sector” at the Engineering Development Board of Pakistan.
Ahsan holds an undergraduate in Mechanical Engineering from the NED University of Engineering and Technology and a post-graduate degree from Manhattan College, USA. He has also completed an executive program from INSEAD.
Nasir Altaf
Nasir Altaf is currently the Chief Financial Officer of Dawood Investments and Manager of Capital Allocation for the Dawood group which involves formulating an asset allocation philosophy to deploy capital to generate risk-adjusted returns for the shareholders. He joined Dawood Group from Engro Corporation where he was serving as Manager – Mergers & Acquisitions and Investor Relations. He joined Engro in 2014 as a Management Trainee and has worked in various finance roles in Corporate Strategy, Corporate Finance, and New Ventures divisions.
Nasir is a CFA charter holder and holds an MSc in finance from Washington University, St. Louis under the Fulbright program. He holds an undergraduate from the Institute of Business Administration (IBA), Karachi.
Address of Registered Office/ Head Office:
3rd Floor, Dawood Centre, M.T. Khan Road,
Karachi-75530
Contact: +92 21 3563 2200-9
Fax No: +92 21 3563 3970
Email: [email protected]
Auditor of the Company:
Deloitte Yousuf Adil, Chartered Accountants
Company Information:
Status of Company: Public Unlisted Company
Company Registration No.: 0053176
Company National Tax Number: 2574737-1
Investor Relation:
Imran Chagani
Manager Regulatory Affairs
Dawood Lawrencepur Limited
3rd Floor, Dawood Centre
M.T. Khan Road, Karachi-75530
Tel: +92-21-35632200-9 Ext. 118
Fax: +92-21-35633970
Email: [email protected]
Website: http://SECP.gov.PK/Complaintform1.asp
(Complaint Link)