Foundation Power Company Daharki Limited (FPCDL)

The Fauji Foundation got registered with PPIB, for setting up a 185 Mega Watt (MW) Gas Based Power Plant in Daharki in April 2004. Foundation Power Company Daharki Limited (FPCDL) was formally incorporated in November 2005. The Foundation Stone of the Plant was laid down by the then President of the Islamic Republic of Pakistan, General Pervez Musharraf, NI(M), TBt, on 24 May 2007. The Plant is located at Daharki, District Ghotki of Sindh on National Highway at the border of Sindh and Punjab. Construction work at the Site commenced in October 2007 under M/s Doosan Heavy Industries and Construction Company of South Korea. The approved Project cost was approximately US$ 217 million and it was financed by a consortium of 12 local banks, led by Askari Bank Limited. FPCDL is owned by Daharki Power Holdings Limited, British Virginia Island (BVI), the first offshore venture of Fauji Foundation.