Mission Statement

Our mission is to optimize hydrocarbon production and pursue an aggressive

exploration programme in the most efficient manner on the local as well as
international horizons through a team of professionals utilizing the latest
developments in the exploration and production technology and maintaining the
highest standards of health, safety and environment

Pakistan Petroleum Limited (PPL)

Introduction

Pakistan Petroleum Limited (PPL) is one of the pioneer exploration and production (E&P) companies in
Pakistan oil and gas sector. On behalf of the Government of Pakistan (GoP), the Privatisation Commission
(PC) is proceeding with a strategic sale of 51% shareholding in PPL along with transfer of management
control.

Merrill Lynch International and KASB Securities (Pvt.) Ltd. (KASB) have been appointed as the Financial
Advisor (FA) for the strategic sale. In July 2004, the GoP successfully concluded an offer for sale and initial
public offering of 15% shares of PPL on the domestic stock exchanges.

The PC invited Expressions of Interests (“EOIs”) from interested parties on February 17, 2005. The Parties
submitting EOIs were requested to submit and Statements of Qualifications (“SoQs”) by April 30, 2005
whereby eleven parties submitted SoQs to the Privatisation Commission. Six parties were pre-qualified to
continue to the next stage of the privatisation process. As of August 2006 three pre-qualified parties were
ready to proceed for the bidding. However, the privatisation process is being reviewed in the light of the
Supreme Court's judgment in the Pakistan Steel Mills case.

Company Overview

PPL was incorporated in June 1950 with the Burmah Oil Company (renamed Burmah Castrol) and GoP as its principal
shareholders.

After more than 50 years of successful operations PPL continues to be a prominent E&P player in Pakistan with:

Sui, Pakistan’s oldest and largest gas field♣ discovered and operated by PPL,
contributing 25% of Pakistan’s gas production;
Remaining proven plus probable (2P) reserves of 6.9 tcf gas♣ and 39.6 mmstb
oil/NGL) as of June 30 2005;
Average FY2005♣ production of 948 MMcfd of natural gas and 1,759 bbld of crude
oil/NGL;
FY2005 revenues of PKR 23,294 million (US$ 388 million) and♣ profit after tax of PKR
8,623 million (US$ 144 million);
♣ Significant portfolio of non-operated assets, including Qadirpur, Sawan and Miano,
Block-22 and Tal;
Strong exploration track record and♣ prospective exploration portfolio, and
Replacement of PPL’s 1982 Gas♣ Price Agreement (GPA) with the 2002 GPA allowing
 gas price increases under a phased 5-year program starting July 2002.

Company History

PPL was incorporated on June 5, 1950 whereby the company inherited the assets and liabilities of the Burmah Oil
Company Limited and commenced operations on July 1, 1952. At the time of incorporation, the Burmah Oil Company
held the majority stake of 70% with GoP accounting for 30% stake and the balance held by private Pakistani
shareholders. Burmah Oil divested 6% of its shares to the International Finance Corporation (IFC) in 1982, whereas in
1997 it sold the remaining shareholding to the GoP.

In July 2004, the Government successfully concluded a 15% offer for sale and IPO of the company on the domestic
stock exchanges at PKR 55 per share. The basic issue was for 10% shares with a green-shoe option of another 5% and
the entire issue was 3.7 times oversubscribed. The current shareholders of PPL are the Government of Pakistan
(78.35%), International Finance Corporation (6.09%) and institutional and individual investors (15.56%).

Organization

The Company’s holds operatorship of major oil and gas fields including Sui, Kandhkot,
Adhi and Mazarani, while its non-operated portfolio includes interests in the Qadirpur,
Miano, Sawan and Tal fields. The Company’s exploration portfolio includes operated and
non-operated joint ventures in 10 onshore blocks and 2 offshore blocks.

PPL holds joint ownership with the Government of Balochistan in Bolan Mining
Enterprises (BME), which is involved in the business of mining exploratory well-drilling
grade barite powder. BME is the operator of the Gunga barytes mine in Baluchistan.
Share of profit in BME at year end June 30, 2005 was PKR 29.263 million.

PPL’s head office is located in Karachi. The company’s total staff strength is about 2,536
employees including 640 management staff and 1,896 non-management staff.

Reserves and Production

The proven plus probable remaining recoverable reserves (2P) of PPL operated and non-
operated interests as of June 30, 2005 were 6.9 trillion cubic feet of gas and 39.6 million
standard barrels of oil/NGL. For the FY 2005, PPL’s average production was 948
mmcf/d gas and 1,759 bbl/d oil. The company’s share in average production from its
operated and non-operated joint venture fields are as follows:

PPL Production
FY 2003 FY 2004 FY 2005
Oil/NGL (barrels per day) 1,353 1,697 1,759
Natural Gas (million cubic feet per day) 910 942 948
Financial Data

PPL has an authorized share capital of Rs. 10 billion. The issued, subscribed and paid-up
capital is Rs. 6,860 million (686 million shares issued at a par value of PKR 10). The key
financial highlights of PPL are given below.

PPL Financial Data

(PKR mln) FY 2003 FY 2004 FY 2005
Sales less Government levies 12,181.32 17,667.51 23,294.17
Operating Costs 7,638.57 8,216.24 9,624.92
Profit before taxation 4,839.36 9,063.47 13,474.99
Profit after taxation 4,190.45 6,617.40 8,623.152
Total Assets 20,451.03 25,340.07 31,791.80
Shareholder's Equity 10,805.73 14,336.89 21,245.44
Total Liabilities 9,645.30 11,003.18 10,546.36

Source: PPL Audited accounts for FY 2005

Key Contacts

Mr. Shahid Akbar Mr. S. Munsif Raza

Consultant Chief Executive / Managing Director
Ministry of Privatisation Pakistan Petroleum Limited
5-A, Constitution Avenue PIDC House, Dr. Ziauddin Ahmed Road, Karachi,
Islamabad, Pakistan Pakistan
Phone: (92-51) 9203881 Phone: (92-21) 5681391-5
Fax: (92-51) 9203076 Fax: (92-21) 5680005
E-mail: shahid@privatisation.gov.pk

Mr. Scott Lewis Mr. Farid Masood

Director, Investment Banking Head, Investment Banking
Merrill Lynch International KASB Bank Ltd.
Merrill Lynch Financial Centre Business & Finance Centre
2 King Edward Stree First Floor, I.I. Chundrigar Road
EC1A 1HQ London Karachi Pakistan
Phone: +44 2079 953 838 Phone: (92-21) 2631770
Fax: +44 2079 950 942 Fax: (92-21) 2211853
E-mail: scott_lewis@ml.com E-mail: farid.m@kasb.com

SUCCESS STORY

PPL CORPORATION OPTIMIZES

OPERATIONS
AND REDUCES COST
Dramatic Savings and Efficiencies Delivered By Improving
the Procurement and Sourcing Processes
The Opportunity:
Deregulation has created new markets for energy companies while intensifying
competition. To succeed in this environment, PPL Corporation needed to cut
overhead costs and improve efficiency with their warehousing operations. Key to
achieving this objective was implementing a mobile computing solution that
integrated with Ventyx Asset Suite so the picking and cycle counting processes
could be performed electronically. In addition, dramatic savings and efficiencies
were envisioned by improving the procurement and sourcing processes. PPL
wanted to implement a strategic sourcing program that would automate
timeconsuming
and costly processes and leverage the advantages of an emarketplace.
As part of this program, it would re-source both direct and indirect
goods, totaling about $600 million in its US operations, and then expand the
program to the rest of its global operations.
The Business Need:
For success in this new world of competition, PPL Corporation focused on
reducing costs, improving resource allocation and optimizing efficiency
throughout its warehouse facilities. These facilities service PPL Corporation’s
gas distribution businesses, electric transmission and distribution operations,
nuclear generating station in Pennsylvania and two generating stations in
Montana. For this strategy to succeed, PPL Corporation implemented Asset
Suite (formerly known as PassPort), a comprehensive suite of asset
management applications from Ventyx, to manage the maintenance, repair and
operations as well as inventory activities at its warehouses. The warehouses
and outside yards, some of which total more than 100,000 square feet, store
more than 80,000 catalog identification numbers (CIDs), with inventory ranging
from generating station replacement parts to wiring, monitoring instruments and
transformers.
ABOUT PPL CORPORATION
Headquartered in Allentown,
PA, PPL controls more than
11,000 megawatts of
generating capacity in the
United States, sells energy in
key U.S. markets, and delivers
electricity to about 4 million
customers in Pennsylvania
and the United Kingdom.
PPL has adopted an
integrated corporate strategy
to generate and sell
competitively priced energy in
key U.S. markets and operate
high-quality energy delivery
businesses in selected regions
around the world.
INDUSTRY
Nuclear & Conventional
Generation
DEPLOYMENT COUNTRY
United States
VENTYX SOLUTION USED
o Asset Suite
VENTYX SUCCESS STORY
www.ventyx.com | 1-800-868-0497 2
The Challenges:
PPL’s goal was to drive supply chain excellence across fossil fuel, nuclear,
hydro and natural gas facilities in the Americas and Europe. PPL determined
that to continue to be successful, they needed to focus not just on cost reduction
opportunities, but also on improved resource allocation and operating
efficiencies within their warehouse operations. Simultaneously, PPL wanted to
use their membership in the Enporion e-Marketplace as a vehicle to further
reduce administrative, sourcing and procurement demands. It was also PPL’s
goal to minimize the number of products with custom integration activities that
would need long-term support, off-setting many of the potential gains. PPL relied
upon Asset Suite as the single point of contact for both of these opportunities.
The Key Insight & Projected Benefits:
The utility industry has become increasingly focused on improved cost
management while at the same time seeking new opportunities for cost
reduction. Reducing the administrative costs associated with sourcing and
procurement operations has become a key focus at PPL. Maverick spending
was proven to be a significant drain on the organization and negotiated costs
saving contracts were not being utilized, further contributing to the problem. PPL
decided to focus on two areas within their supply chain as they sought new cost
management opportunities, turning to Ventyx for assistance from the Asset Suite
solution and the Professional Services group. At the same time, it was believed
that there were improvements that could be made in the existing warehouse and
yard operations. With over 100,000 square feet and over 80,000 catalog ID
numbers, PPL realized that a mobile computing solution, integrated with the
existing Asset Suite system, would enable the picking and cycle counting
activities to be performed in a completely electronic manner.
The Solution & Recognized Benefits:
PPL Corporation launched a three-year plan to implement Asset Suite at its
warehouses in Pennsylvania and Montana. Asset Suite enables workers to pick
items and perform cycle counting at the same time, thereby improving
productivity and saving time. It also updates inventory levels in real-time and
provides workers with total visibility of inventory at all its warehouses. The
implementation was completed ahead of schedule due to its ease of use and
tight integration. Benefits gained include:
• Decreased time to pick items by works by up to one-third
• Improved on-time picks to 98.89 percent from 64 percent prior to the
implementation of Asset Suite
• Overhead costs decreased by 20 percent
• Improved inventory turns to new levels of efficiency
VENTYX SUCCESS STORY
www.ventyx.com | 1-800-868-0497 3
With the size and complexity of this warehouse infrastructure, PPL Corporation
realized mobile computing was essential to further improving productivity and
operational efficiency. In 1999, PPL Corporation implemented the Ventyx mobile
computing solution, and has achieved further benefits from Asset Suite. “It was a
burning platform here,” said John DeFluri, Manager of Warehouse Operations.
“We had to quickly improve our usage of resources to compete successfully in
this new deregulated environment. We installed Ventyx mobile solutions to
enhance our Asset Suite system in order to survive and thrive in this new
deregulated environment.”
PERFORMANCE PROVEN
Ventyx is a leading business solutions provider, delivering asset management,
mobile workforce management, customer care, energy trading and risk
management, energy operations, and energy analytics solutions to more than
900 energy, utility and communications customers, as well as to asset-intensive
customers in selected commercial markets. With approximately 1,200 employees
in more than 20 locations worldwide, Ventyx delivers best-of-breed business
solutions that maximize operational and financial performance, backed by the
industry’s deepest available industry-specific domain expertise.

Pakistan Petroleum Limited

Energy Oil & Gas
SWOT Report

Type Marktstudie
Year: 6/2008
Publisher: Global Markets Direct
Language: english
Availability: available
 Critical appraisal of the company’s
positioning using SWOT analysis.
 Company information, including business
descriptions, company history, product lines,
key competitors and key employee
biographies.
Features of this market research: • Support business/sales activities by understanding
customers businesses better.
• Identify prospective partners and suppliers.
• Capitalize on your competitors weaknesses and
target the market opportunities available to them.

About this market survey:
18 pages
Pakistan Petroleum Limited Energy Oil & Gas
SWOT Report is a comprehensive report of the
company including both quantitative and qualitative
research. The report examines the company’s
business struct.....

More about this market survey

Table of contents

List of tables / figures

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Porter
“Strive for competitive advantage and the forces that affect it.”

Strategic Management
Dr. Cassell
By: Ashleigh Bender

Table of Contents:

I .) Executive Summary pg.

II.) Porters Five Forces Defined pg.
• Supplier Power pg.
• Buyer Power pg.
• Threats of New Entrants pg.
• Substitutes Products pg.
• Degree of Rivalry pg.
III.) Advantage and Disadvantage of Porter’s Five Forces Model pg.
IV.) Application of Porter’s Five Forces pg.
V .) Porter’s Generic Strategies pg.
• Cost Leadership pg.
• Differentiation pg.
• Focus Strategy pg.
VI .) Advantage and Disadvantage of Porter’s Generic Strategies pg.
VII .) Application of Porter’s Five Forces pg.
VIII.) Bibliography pg.

Executive Summary:

Michael Porter created two concepts used by industries to either achieve greater
competitive advantage or can be used......
A
c
h
i
e
v
e
m
e
n
t
s

Year Event

1952 Discovery of Pakistan's Largest Gas Reserves at Sui.

Commencement of pipeline quality Natural Gas supply to Karachi for
1955 industrial and domestic use within record time of three years of
discovery at Sui.
1959 Discovery at Kandhkot Gas Field. Discovery of Gas at Mazarani Field.
1976 Commercial Production of Barytes by Bolan Mining Enterprises.
1978 Crude Oil discovery at Adhi field.
1980 Commercial Production of Crude Oil from Adhi field.
1982 Execution of Sui Gas Well Head Price Agreement (1982 GPA)
 stipulating cost-plus fixed return Gas Pricing Formula.
Commissioning of Sui Field Gas Compression Project (Phase 1) in Sui
1986
Main Limestone (SML) formation.
1987 Start of Commercial Production From Kandhkot Gas Field.
Installation of Liquefied Petroleum Gas (LPG) and Natural Gas Liquid
1990 (NGL) Plan and Commencement of LPG, NGL and gas production
from Adhi.
Commencement of gas production from Qadirpur Gas Field (operated
1995
by a Joint Venture Partner).
Completion of Phase II Extension of Sui Field Gas Compression
1997 Project at SML and three Turbo Compressor Trains in Sui Upper
Limestone Reservoir.
Commencement of Extended Well Test (EWT) Production from Block-
2000
22, Shikarpur.
Supply of gas from Miano Gas Field (Operated by a Joint Venture
2001
Partner).
- Dismantling of 1982 GPA and execution of new market based Sui
and Kandhkot Gas Price Agreement linking the Sui and Kandhkot gas
2002
price with international oil prices.- Acquisition of Sui gas Purification
Plant jointly owned by SSGCL and SNGPL
- Commencement of gas supply from Mazarani Gas Field.
- Commissioning of Gas Processing Facilities (Phase 1) and supply of
2003 gas from Sawan Gas Field. (Operated by a Joint Venture Partner). -
Discovery of Pipeline Quality Gas Reserves in Tal Exploration block,
NWFP (operated by a Joint Venture Partner)
- Country's first ever supply of 100,000 tonnes of indigenous iron ore
2004 from Dilband, District Mastung, Balochistan, to Pakistan Steel,
Karachi.
Discovery of significant quantities of oil and gas/ condensate from the
2005
second exploratory well Makori-1 drilled within Tal Block.
- Completion of Extended Well Testing of Manzalai-1, first discovery
well in Tal Block.
2006
- Commencement of production from Early Production Facility at
Makori-1 well site in Tal Block.
- Three discoveries; one oil and gas discovery at Mela-1 well (Nashpa
Block) and two gas discoveries Latif-1 (Latif Block) and Tajjal-1
(Gambat Block) were made.
2007
- Completion of the first exploratory well Mela-1 at Nashpa Block as
oil and gas producer and commencement of Extended Well Test
production.
2008 -For the first time in the Company’s history, two horizontal
development wells were drilled and successfully completed as
producers at Kandhkot field.
 -Exploration well Memikhel-1 at Tal Block was successfully competed
as gas/ condensate discovery.
-Appraisal well Mela-2 at Nashpa Block was successfully completed as
producer and tied in with EWT facilities

Company Overview
Pakistan Petroleum Limited is the oldest and largest Exploration and Production
Company in the country was incorporated on 5th June 1950 subsequent to the
promulgation of the Pakistan Petroleum Production Rules, 1949 with the main
objective of conducting exploration, development and production of Pakistan's oil
and natural gas resources. PPL inherited all the assets and liabilities of the Burmah
Oil Company (Pakistan Concessions) Limited and commenced business on 1st July
1952.

PPL and its ex-parent Burmah Oil Company have been active in the subcontinent
since the early part of the 20th century. A total of 239 wells including 65
exploratory and 174 appraisal / development wells have so far been drilled which
resulted in the discovery of about 19.90 Tcf gas (both operated and non-operated
leases). A gas condensate/oil field at Adhi with original recoverable reserves of
1,253 MT liquefied Petroleum Gas and 39.4 MMbbl of oil/condensate was also
discovered by PPL.

The Company also operates a Baryte mine in Balochistan province. It produces oil
well drilling grade Baryte powder from the mine, which has proven reserves of 1.25
million tones. For the year 2004-05, PPL's share of average production from its
operated and non-operated fields was 953 MMcfd of gas, 1,372 bpd of oil/NGL and
26 tones per day of LPG. Production of gas from these fields meets about 25.1% of
the country's indigenous production. The gas, LPG and NGL production from PPL
operated and non-operated fields for the year 2004-05 in terms of oil equivalent,
was about 171,205 barrels of crude oil per day.

The Company has a staff of about 2520 as at 31 May, 2006 employees with about
431 qualified technical staff in the fields of engineering, computer and earth
sciences. PPL has well established IT department and all staff in the Head Office
has access to computers and are interconnected through Local Area Network (LAN).
The Wide Area Network (WAN) has also been established connecting PPL's three
major producing fields and Regional Office in Islamabad with the Head Office at
Karachi. The Company has implemented SAP in 2004 integrating core business
processes using Costing, Finance, Human Resources, Materials Management, Plant
maintenance and Project Systems modules.

The Government of Pakistan (GoP) in September 1997 purchased the entire equity
interest of Burmah Castrol PLC, formerly Burmah Oil Company, in the Company
(comprising 21 million ordinary shares of Rs.10 each) representing 63.91 percent
of the Share Capital thereby increasing its holding in the Company to 93.35
percent. Subsequent to June 2004, the GoP has disinvested a portion of its equity
in the Company equivalent to 15% of the paid up share capital of (i.e. 102.873
million shares of Rs.10 each) through an Initial Public Offering (IPO). The GoP has
made a policy decision to privatize PPL and IPO is a significant step towards this
direction.

A consortium led by Merrill Lynch International and KASB securities (Pvt) Limited
have been appointed by the Privatization Commission (PC) as the Financial Advisor
(FA) for the strategic sale of GoP's 51 % interest in the company. Five (5) parties
were prequalified as potential bidders for the transaction. The Government of
Pakistan continues to pursue the privatization process through sale of its majority
interest in the Company to a strategic investor and remains committed to proceed
with the transaction with a view to concluding the process at an early date.

LEADING THE WAY

Pakistan Petroleum Limited (PPL), the pioneer of the natural gas industry in the
country, has been a frontline player on the exploration and production sector for
well over five decades. The company follows an aggressive strategy to not only
maximize production but also replenish existing reserves and venture into
untapped areas. Today, PPL contributes around 26 percent of the country's total
natural gas production besides producing crude oil/ Natural Gas Liquids (NGL) and
Liquefied Petroleum Gas (LPG).

Starting out concurrently with the first major gas discovery at Sui in 1952, PPL now
operates four producing fields at Sui, Kandhkot, Adhi and Mazarani and holds
working interest in seven partner-operated producing fields. PPL’s exploration
portfolio comprises 24 exploration blocks, including four that are offshore. On June
30, 2008, the company’s hydrocarbon reserves stood at approximately 3.71 trillion
cubic feet of natural gas, 23.3 million barrels of oil/NGL and 321,000 tonnes of
LPG.

RECENT INITIATIVES

In pursuance of its corporate vision, PPL has stepped up efforts to increase

hydrocarbon production to keep pace with Pakistan’s growing energy needs. To this
end, it has devised a dynamic exploration and development strategy, focusing on
enhancing its reserve-replenishment ratio, drilling-to-discovery ratio and
production efficiencies through modern production techniques.

Besides its 22 existing exploration blocks held locally and one concession held in
Yemen, PPL has applied for grants in new areas. In 2006 – 2007, PPL discovered
natural gas and condensate from its exploratory well Adam X-1 (Hala Block)
located in Sanghar District, Sindh, where PPL is the operator with a 65 percent
stake. Three discoveries were also made in partner-operated Nashpa, Gambat, Latif
and Tal blocks.

Though it is imperative to find new oil and gas reserves, the need of the hour is to
put in extra efforts to maximize existing production levels from operative fields.
This is only possible if innovative and modern techniques are adopted. For instance,
hydrocarbon production from the PPL-operated Adhi Field doubled when the second
LPG/NGL recovery plant started functioning in September 2006. Since then, the
average daily production capacity of the field has gone up to 40 million cubic feet
(MMSCF) natural gas, 130 tonnes LPG and 4,500 barrels of oil.

At Kandhkot Gas Field, PPL has started work to install a gas compression facility.
Likely to be the biggest after the Sui Field Gas Compressor Station, this facility is
expected to be operational by 2009 and maintain contractual gas pressure,
maximizing gas recovery.

From 2002 – 2008, the processing capacity of partner-operated Qadirpur Gas Field
nearly doubled to 500 MMSCFD, Miano Gas Field was commissioned and Sawan
Phase I and Phase II resulted in enhancement of capacity. In addition, early
production facilities of Manzalai and Makori discoveries in Tal Block were
commissioned and production started from Mela-1 discovery at Nashpa Block.

FUTURE PROSPECTS AND PLANS

PPL’s vision is to maintain its position as the country’s premier hydrocarbon

producer. The increase in the company’s exploration activities can be gauged from
the fact that since 2000 – 2001, it acquired licences and working interest in 24
exploration blocks. Subsequently PPL has also obtained significant 2-D and 3-D
seismic data in its exploratory areas and in the next decade, it plans to pursue
exploratory drilling aggressively. This reflects the company’s faith in the future and
its commitment to face the energy challenge head on.

PPL also plans to conduct studies to further increase gas recovery from Sui,
Kandhkot and Adhi. Major capital projects for the next 10 years include addition of
high pressure casings for Sui Upper Limestone Compressor at Sui Field Gas
Compressor Station and upgradation of Sui Main Limestone compressors. PPL also
aims to produce additional gas from Sui Pab Reservoir and commission the
Kandhkot Well Head Gas Compression Project and Dehydration Plant. Installation of
compression facility at Qadirpur, Miano, Block 22 and Sawan fields is also on the
cards just as Central Processing facilities are planned at Tal.

Aware of the reducing number of low-risk, low-cost exploration areas in the

country, PPL plans to launch exploration activities in relatively untapped areas.
Prospectivity evaluations of challenging areas in the country continue to identify
three to four prospective areas for submission of exploration license applications as
operator. As such, the company is applying for new areas, particularly in the
Punjab, NWFP Balochistan that have not been explored as yet.

PPL is also a premier Pakistani company to appear on the international exploration

map. In its joint-venture with OMV, the company has been awarded Block 29 in
Yemen where each partner holds 50 percent working interest. The company is also
pursuing an ambitious international exploration programme in African and Central
Asian countries. PPL’s achievements and future plans for international exploration
are reflective of its determination to integrate, create value and strategically transit
towards globalization of its operations.
Corporate Pride

PPL featured among the “Top 25 Companies” of the Karachi Stock Exchange, was
conferred “Pakistan’s Corporate Excellence Award” by Management Association of
Pakistan, bagged for the third consecutive year “Pakistan Corporate Philanthropy
Award” given by Pakistan Centre for Philanthropy, won the “Best Corporate Report
Award” judged by a joint committee of the Institute of Chartered Accountants of
Pakistan (ICAP) and Institute of Cost and Management Accountants of Pakistan
(ICMAP). Additionally, PPL was conferred the “Environment Excellence Award”
instituted jointly by the National Forum of Environment and Health, United Nations
Environment Programme, Ministry of Environment, Government of Pakistan and
Federation of Pakistan Chamber of Commerce and Industry, for the second year
running.

These prestigious accolades are a befitting recognition of PPL’s efforts and serve as
a source to scale new heights of corporate excellence, sustainable growth and
prosperity.

PPL featured among the “Top 25 Companies” of the Karachi Stock Exchange, was
conferred “Pakistan’s Corporate Excellence Award” by Management Association of
Pakistan, bagged for the third consecutive year “ Pakistan Corporate Philanthropy
Award” given by Pakistan Centre for Philanthropy, won the “Best Corporate Report
Award” judged by a joint committee of the Institute of Chartered Accountants of
Pakistan (ICAP) and Institute of Cost and Management Accountants of Pakistan
(ICMAP). Additionally, PPL was conferred the “Environment Excellence Award”
instituted jointly by the National Forum of Environment and Health, United Nations
Environment Programme, Ministry of Environment, Government of Pakistan and
Federation of Pakistan Chamber of Commerce and Industry, for the second year
running.

These prestigious accolades are a befitting recognition of PPL’s efforts and serve as
a source to scale new heights of corporate excellence, sustainable growth and
prosperity.