ENGRO POWERGEN

QADIRPUR (EPQL)
BEC:
MISS HUBA AFTAB
 Group members
1.Aman 2011336
2.Hamza 2011353
3.Bilal Amin 2011384
4.Taha Tariq 2011394
5.Hamza
 INTRODUCTION

Engro Energy Limited owns and operates Engro Powergen Qadirpur Limited, a 217 MW combined
cycle power plant and the first green facility in Pakistan to utilize permeate gas for reduced carbon
emissions. Under this project, a gas turbine of 127 MW (GE) and a steam turbine of 100 MW (GE)
have been installed. It is the only gas based Independent Power Project in Pakistan to reach
completion within the stipulated time frame. Engro Energy Qadirpur Limited was listed on the
Karachi Stock Exchange in October 2014 where 25% of the shares were offered. As of now Engro
Energy Qadirpur Limited is 69% owned by Engro Corp via Engro Energy whereas the remainder is
owned by the International Finance Corporation (IFC) and employees.
This project is unique in a way that it utilizes high sulfur gas which was being flared through
Qadirpur Gas Field for almost a decade.
Vision statement Mission Statement

Plant operations and

To ensure maintenance in a manner
resulting
affordable in continuous supply to
energy and national grid by harnessing
human talent and local
reliable resources giving high
priority
operations to health, safety and
environment in a positive,
thereby creating sustainable and affordable
value for all way.
To ensure affordable energy
stakeholders and reliable operations
thereby creating value for all
stakeholders.
ENGRO
POWERGEN’S
STRATEGIC
COMMITMENTS
Objectives and Vision of Eqpl
The vision of Eqpl is to produce low-cost energy facilitating to about 5 million people

Objectives to meet for Epql:

● Encourage healthy competition

● Product quality
● Brilliant pricing strategy
● Excellent service and customer loyalty
 Business approach of Epql
2. Ees
EPQL management has done planning towards
creating an integrated business approach to proceed
further in its mission .

Integrated business approach diagram

This is framework that EPQL has planned to

achieve its objectives and via all this EPQL creates
its value
 EPQL ORGANIZATIONAL
STRUCTURE
Epql organizational structure is
decentralized in which the top
management has delgated daily
tasks and decision making
process to the supervisors at the
middle and lower level which
results in fast and effective
decisions.
 Committees at EPQL
There are 2 different committees in epql, Board and functional committees which are formed
by the top management to secure common judgement on administrative matters.

Board committee Functional Committee

The board committee is subdivided into 2 This Committee in EPQL act on the
different committees : operational level:

1. Board's people committee 1. Management committee

2. Board audit committee (MANCOM)
2. Committee for Organizational and
Employee Development (COED)
 Responsibilities of the CEO and chairman of
board at EPQL
Chairman is responsible for providing:
● Effective leadership to the Board
● Organize a positive work environment
● Encourages the contribution of executive and nonexecutive directors in carrying out
the Board’s business in line with applicable laws, rules and regulations.

Its the CEO responsibility to provide and organize:

● Effective leadership to the management and employee
● Supervising the daily activities
● Make sure that operational plans and control system are working
● monitors the performance
Leading is a process where a company motivates, resolves conflict, establish effective
communication channels to increase the productivity towards achieving goals.
LEADING:
Engro PowerGen Qadirpur emphasizes a
lot on nurturing its employees

EPQL focuses on providing an

ergonomic environment for their
employees

They also focuses that every employee is

motivated and being given a fair chance.
Policies Devised for leading
EPQL tries to establish a democrtaic leadership style.

They Introduced Human resource management policy on the basis of:

● Equal Opportunity
● Training and Development
● Performance management
● Compensation and benefits
● Diversity and Non-Discrimination;
Succession Planning Policy
● This policy aims that there is unhindered continuity at the company
● This policy aims to develop employees technical and managerial skills based on their
potential and uniqueness
● For this they have introduced Leadership Pipeline development framework.
● This initiative Allows development of employees through on field coaching, cross-
field projects to develop their managerial and technical skills.
Relationship With Investors
EPQL try to maintain a reliable relationship with their investors

They devised Investors Grievance Policy, which states that:

❖ Every bit of information, regarding shares, finance and objectives will be shared.
❖ There will be no biases towards any investors
❖ IT will be used to immediately disclose any information and to answer any investing
related queries
Organizational Structure Set to Operate and Control EPQL
Types of Controls in EPQL
 Financial Controls
The Financial Controls are one of those important controls that Audit
Committee and internal auditors investigates. These are also reported in the
Annual Reports and reviewed by the investors.
Some financial controls that I have investigated are as below:
1. Liquidity : Current Ratio = Current Asset / Current Liabilities
(It shows the organization's ability to meet short – term obligations)

2. Profitability : Profit Margin on Sales = Net profit after taxes/ total sales
(Identifies the profits that are being generated)

3. Number of Days in Receivables : How much time it takes to get paid after
sales
(impacts cash availability)
 Financial Result Analysis
1. The Current Ratio has been generally less than 1

2. The number of receivable Days has grown 6 times over the

period of 6 years.

3. The Company has been able to show growth in the

profitability.
THANK YOU!