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Northern Power Generation Company Limited
(GENCO – III)
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Result Sheet
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Executive Summary
After having intensive coursework it is prerequisite to have Four to Six week internship
in any organization in order to get practical experience and familiarity with corporate
atmosphere. Being a student of Business Administration I had completed my internship in
NPGCL(WAPDA) Northern Power Generation Company Limited is one of the four-generation
companies (GENCO’s) established as a result of the unbundling of the vertically integrated
power wing of Pakistan Water and Power Development Authority (WAPDA). It is organized
to take over the properties, assets, obligations and liabilities of WAPDA. The company was
incorporated in October 15, 1998 under Companies Ordinance 1984 and started its business
from 1st March, 1999.NPGCL generates electricity under a License granted by National
Electric Power Regulatory Authority (NEPRA) pursuant to the Regulation of Generation,
Transmission and Distribution of Electric Power Act, 1997 (NEPRA Act).
The Water and Power Development Authority (WAPDA) was established through a
parliamentary enactment in February, 1958 for integrated and rapid development and
maintenance of water and power resources of the country. The Authority consists of a
Chairman and three members heading Water, Power and Finance Wings. Water Wing of
WAPDA is responsible for planning, designing and execution of water resources development
projects in irrigation, drainage and hydropower sectors. Major surface water projects including
large dams are also operated and maintained by Water Wing. Power Wing of WAPDA deals
with Hyderal Power generation as well as fourteen corporate companies comprising four
generation companies (GENCOs), one National Transmission and Dispatch Company (NTDC)
and Ten Distribution Companies (DISCOs). These companies are working under the umbrella
of Pakistan Electric Power Company (PEPCO).
National demand of electricity has increased and would continue to grow with the
development of economy. Based on the present generation capacity, the hydel-thermal mix in
the country is37:63, which is almost the reverse of an ideal hydel-thermal mix, which should
be 70:30 for a favourable economic development of the country. The power demand during the
last 7 years had grown at an average rate of about 6.31%. The load forecast prepared by
WAPDA in collaboration with Energy Wing, Planning and Development Division,
Government of Pakistan indicated that the power demand would grow at an average rate of
7.55% per year. To match this projected load, no additional generating capacity could be added.
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Table of Contents
Dedication……………………………………………………………………………5
Acknowledgment…………………………………………………………………….6
Executive Summary………………………………………………………………….7
Preface……………………………………………………………………………….10
Vision and Mission Statement……………………………………………………….12
Introduction to NPGCL………………………………………………………………13
Hierarchy of GENCO111…………………………………………………………….14
Departments of NPGCL……………………………………………………………..15
Plan for internship…………………………………………………………………….20
Formation of NEPRA………………………………………………………………..21
Training program…………………………………………………………………….22
Relative journal entries ……………………………………………………………….23
Work sample………………………………………………………………………….24
Financial statement Analysis…………………………………………………………26
Critical analysis……………………………………………………………………… 28
Financial Ratio Analysis………………………………………………………………30
As Manager What Initiative I Take……………………………………………………41
SWOT Analysis………………………………………………………………………..42
Pest Analysis…………………………………………………………………………...46
Conclusion……………………………………………………………………………..47
Recommendation……………………………………………………………………….48
Suggestion ………………………………………………………………………………49
References& source……………………………………………………………………50
Annexes…………………………………………………………………………………51
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Overview of the Organization
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PREFACE
It is difficult to understand fully the real-life applications and challenges solely through
textbooks and lectures. The success of today’s professional life hinge on realizing the
importance of a specific region’s demographic, cultural, organizational and political
characteristics, knowledge that is best learned through experience and cultural immersion.
University of Education Lahore, Multan Campus Internship Program gave me the opportunity
to study the bookish concepts in a very different type of classroom. In particular, the internship
gave me the opportunity to explore my interest in researching the business activates of NPGCL
PEPCO GENCO 3 THERMAL POWER STATION. My six week internship taught me more
about ADMINISTRATION ACTIVITIES than I could have possibly ever learned in a
traditional classroom. Things are really difficult in practical life and to meet the requirements
of this practical aspect my internship will help me a lot.
NPGCL (Northern Power Generation Company Limited) WAPDA owes a pivotal importance
in the region through its vibrant functions. This is the deep-seated motivator that geared up me
to join NPGCL WAPDA for internship. Moreover, the practice and familiarity during this
tenure would also attest helpful and alleviating in the awaiting proficient life. I have believe
that this report will guide and ease the readers to understand the operations of water resources
and generations of electricity in Pakistan and more prominently have good knowledge about
NPGCL WAPDA, one of the most important and leading organization.
THERMAL POWER STATION MUZAFFARGARH
Thermal Power Station Muzaffargarh is a vital and major Thermal Power Generating
Installation connected with National Grid System in Pakistan. It has installed capacity of
1350MW.
It is a fossil fuelled Power Station comprising of the following units:
3 x 210=630 MW Steam Units Russian Make.
2 x 200=400 MW Steam Units Chinese Make.
1 x 320=320 MW Steam Unit Chinese Make.
Total Capacity=1350 MW
District Muzaffergarh lies in the middle of the country. The site of Power Plant
including its residential area is located between the River Indus and the Chenab, 2.5km to
