[2] It formerly operated a multi-fuel fired power plant in Kot Addu District, Punjab.
[3][4] The plant had a nameplate capacity of 1,600 MW consisting of 15 generating units.
[7] 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.
[12][13][14] Subsequently, on 18 April 2005, KAPCO was listed on the Karachi, Lahore, and Islamabad Stock Exchanges.
[7][8] In 2014, National Power sold its entire shareholding to the local investors.