Kot Addu Power Company

The Kot Addu Power Company (KAPCO) (کوٹ ادّو پاور کمپنی) is a Pakistani power company that owns, operates, and maintains a multi-fuel fired power plant in Kot Addu District, Punjab, Pakistan. The company is based in Lahore, Pakistan.

It has a nameplate capacity of 1,600 MW consisting of 15 generating units.

History
Kot Addu power station was constructed by the Water and Power Development Authority (WAPDA) in five phases between 1985 and 1996. It consists of 15 generating units with a total installed capacity of 1,600 MW.

In April 1996, as part of Pakistan's privatization efforts, Kot Addu Power Company (KAPCO) was incorporated as a public limited company. The management of the company was transferred to the UK-based National Power (now International Power), which initially acquired a 26 percent stake in KAPCO at a valuation of $1583 million, later increasing its ownership to 36 percent.

In 2005, the Privatisation Commission, on behalf of WAPDA, conducted a public offering in which 18 percent of KAPCO's shares were sold to the general public at a strike price of PKR 30. Subsequently, on April 18, 2005, KAPCO was listed on the Karachi, Lahore, and Islamabad Stock Exchanges.

In 2014, National Power sold its entire shareholding to the local investors.