Engro Powergen Qadirpur appoints Khurram Abdullah as CEO, Athar Khwaja resigns
Business Recorder • • 1 min read

Business Recorder reported that Engro Powergen Qadirpur Limited (EPQL), a unit of parent Engro Energy Limited, has made a leadership change at the top of the company. In a notice filed with the Pakistan Stock Exchange on Tuesday, the listed power producer said Khurram Abdullah will take charge as chief executive from October 15, 2026. His tenure runs until the directors' next election, the notice stated.
As part of this transition, Athar Abrar Khwaja stepped down as chief executive and was co-opted onto the board to fill a casual vacancy. His directorship lasts until the next director election, the same end point set for Abdullah's term as chief executive. The company presented both changes as parts of one transition.
EPQL operates a 217 MW combined cycle power plant near Qadirpur in District Ghotki, which entered commercial service in March 2010. The plant runs mainly on gas drawn from the Qadirpur field, with high-speed diesel (HSD) as backup fuel. Engro Energy's stake fell to 50.36% in February 2026 after it sold about 18.53% for Rs1.5 billion, though it keeps majority ownership and management control.
At a glance
- Khurram Abdullah takes over as CEO of EPQL starting October 15, 2026.
- Athar Abrar Khwaja resigned as CEO and joined the board as a director.
- Engro Energy Limited holds 50.36% after selling 18.53% for Rs1.5 billion in February 2026.
Stocks in this story
Originally reported by Business Recorder
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More on EPQL
EPQL 9MCY26 profit drops 18%Mettis• 19 Oct 2026Negative coverage
Engro Powergen Qadirpur appoints Khurram Abdullah as new CEOProfit• 13 Oct 2026Neutral coverage
China's Transsion Holdings eyes expansion into component manufacturing in PakistanProfit• 13 Nov 2026
Pakistan seeks long-term mineral investment, says Field Marshal Asim MunirProfit• 13 Nov 2026
Wilmar says it never consented to Unity Foods board control, still seeks winding upMettis• 13 Nov 2026
US Treasury chief blames Commerce Dept for failure in Nvidia scandalDawn• 13 Nov 2026

