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National Power Construction Corporation (Private) Limited
National Power Construction Corporation (NPCC), having a paid up capital of Rs 20 million, is a public sector company under the Federal Ministry of Water and Power. The company is registered under the Companies Ordinance to allow flexibility to lay down the rules of service, financial powers and to create working environment on commercial lines. A five member Board of Directors nominated by the Government of Pakistan including the Chairman and the Managing Director manages the corporate affairs of the company. The Secretary to the Government of Pakistan, Ministry of Water and Power is also the Chairman of the Board of Directors of NPCC.
NPCC has a branch office in Saudi Arabia named NPCC (Pakistan) Ltd established under Foreign Capital Investment Regulations with paid up capital of Saudi Riyals 5 million.
NPCC is a construction company engaged in construction of transmission lines, power stations, power plants and external & internal electrification of commercial buildings etc. on a turn key basis. Its principal area of business is in Saudi Arabia though it had undertaken projects in other countries such as Kuwait.
The Government of Pakistan (GoP) intends to privatise NPCC through sale of 51% of its shareholding in the company or a Joint Venture with the Government. .