OLY.com.PK – NTN And Company Registration

Power and Energy Companies Registration

How to Register Power and Energy Companies in Pakistan 

Sector Overview: 

Pakistan is facing a power deficit since 2007, deficit occurred as Pakistan fulfills mostly energy needs thermal power. Further demand for electricity grew by 6-8% per year in the Country. Current power deficit stands between 5,000-8,000 MW. Power shortfall is estimated to cost the economy 1%- 2% of GDP per annum.

To overcome power deficit and cater energy needs many Independent Power Producing Companies are working in the country. But due to severity of energy crisis there is scope of many other IPP’s. Being a developing country Government of Pakistan cannot invest huge sum of moneys in power sector only.

Pakistan current energy mix is heavily dependent on thermal power generation (approximately 70% of generation mix). Production cost of thermal power is too high in the whole world. Government of Pakistan is encouraging investment in alternative energies also.

Power and Energy Companies

Investment and  Growth Potential in Energy Sector

Alternative and Renewable Energy Companies 

The government is taking serious measures enhance  Renewable Energy (RE) potential of the country to expand its energy mix. Alternative Energy Development Board (AEDB) is working for  promotion and development of Alternative & Renewable Energy Technologies in Pakistan. AEDB has been is working for  the development of Alternative and Renewable Energy (ARE) based power projects through private) investment.

Thermal Power

In the country there is demand and supply gap of 5,000-8,000 MW and demand growing at 6%-8% per annum which guaranteed that power generated by IPP’s will be taken by government.

Incentives for investors in IPP sector:

Registration Process of Power and Energy Companies

Registration Requirement

Registration with Securities and Exchange Commission of Pakistan (SECP) is necessary to be registered as company in Pakistan. Companies working outside the country may incorporate in Pakistan as Foreign Company. SECP has moderate and liberal policy for registration of Foreign Companies.

Regulatory Registration

  1. Private Power and Infrastructure Board
  2. Alternative Energy Development Board

Licensing/registration with Private Power and Infrastructure Board (PPIB) is required for IPP

Power and Energy Companies in Pakistan

Alternative Energy Development Board

Companies intended to work in alternative and renewable energies i.e. wind ,solar and bioenergy  are required to get license for Alternative Energy Development Board (AEDB). Licensing process requires several step like other government departments AEDB also uses moderate policy to issue license to power generating companies.

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