Karot Power Company (Pvt) Limited (KPCL) incorporated on 31 July 2010 with the Securities and Exchange Commission of Pakistan is a special purpose vehicle (SPV) responsible for executing 720MW Karot Hydropower Project.The project is being developed in the Private sector under the Power Policy 2002 on a Build-Own-Operate Transfer (BOOT) basis with an expected concession period of approximately 35 years, which includes the construction period of 5 years and the operation period of 30 years. The feasibility stage tariff has been determined by NEPRA on 11th December 2012 and the Letter of Support (‘’ LOS’’) has been issued subsequently by PPIB on 29th August, 2013.
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