Shams Power Limited

Pakistan's leading Solar Power Company with a portfolio of more than 60MW of PPAs with leading C&I clients.

General Information
Company Name
Shams Power Limited
Founded Year
2015
Location (Offices)
Lahore, Pakistan +1
Founders / Decision Makers
Number of Employees
41
Industries
Energy, Renewable Energy
Funding Stage
Debt Financing
Social Media

Shams Power Limited - Company Profile

Shams Power Limited is a Pakistani solar energy developer and project investor/owner, established in 2007 by PITCO and Orient Power. It is known for pioneering the distributed solar model in Pakistan's Industrial and Commercial sectors on a Power Purchase Agreement basis. With a portfolio of more than 60MW of PPAs, Shams Power has received a Distribution License from the National Electric Power Regulatory Authority (NEPRA) for distributed solar power sales. The company's management team, backed by PITCO's 3,500 MW of power generation and Orient Power's 550MW of thermal and solar power plants, brings substantial experience in setting up and undertaking O&M of power projects. In 2024, Shams Power secured a $5.20M Debt Financing investment from GuarantCo and Bank Alfalah. The company is currently developing a further 50MW of solar investments across Pakistan's Industrial and Commercial sectors. With its strong track record and ongoing expansion, Shams Power is poised to remain Pakistan's leading Solar Power Company, contributing significantly to the country's energy landscape.

Taxonomy: Solar Power, Energy Developer, Project Investor/Owner, Distribution License, Power Purchase Agreement, NEPRA, Distributed Solar Model, Industrial Sector, Commercial Sector, PPA, O&M, PITCO, Orient Power, Pakistan

Funding Rounds & Investors of Shams Power Limited (2)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $5.20M 2 Bank Alfalah 01 Jan 2024
Debt Financing $11.30M 2 Bank Alfalah 01 Dec 2021

Latest News of Shams Power Limited

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No recent news or press coverage available for Shams Power Limited.

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