Head Taunsa Barrage
Head Taunsa Barrage is a barrage on the River Indus in Taunsa district of Dera Ghazi Khan District, Punjab province of Pakistan. It is situated 20 kilometres (12 miles) southeast of Taunsa Sharif and 16 kilometres (9.9 miles) from district Kot Addu.
In April 1996, Kot Addu Power Company Limited (the “Company”) was incorporated as a public limited company under the Companies Ordinance, 1984 with the objective of acquiring the Power Plant from WAPDA. The principal activities of the Company include the ownership, operation and maintenance of the Power Plant.
On June 27, 1996, following international competitive bidding by the Privatisation Commission Government of Pakistan (the “Privatisation Commission”), the Company was privatised. At the time of privatisation and following privatisation, WAPDA divested 36% of its shareholding in the Company to the strategic investor. In August 2013, the strategic investor sold its entire shareholding in the Company to local corporate entities and individuals.
In February 2005, the Privatisation Commission (on behalf of WAPDA) sold another 18% of WAPDA shareholding in the Company to the General Public and the Company became listed. The Company is currently listed on the Pakistan Stock Exchange.