LAHORE  - When all major public sector enterprises, living on hefty bailout packages, are pushing country to bankruptcy, the Nespak is almost the only company, owned by the government, which has not only remained profitable but also contributed huge taxes to the national kitty.

This was stated by National Engineering Services Pakistan (Pvt) Limited MD, Amjad A Khan, while talking to The Nation on the occasion of successful completion of 40 years of the company in engineering consultancy services. Amjad Khan said that excellent financial performance of the company is demonstrated by the all-time high annual revenue turnover to the tune of Rs6.2 billion in FY 2012-13.

“Today Nespak is one of the leading engineering consultancy firms in South Asia by virtue of its incessant struggle and hard work. The Nespak has undertaken around 3,400 projects worth Rs9,000 billion in Pakistan and abroad. Its international presence is illustrated by its regional offices in Saudi Arabia, Oman, Qatar, Afghanistan and Iran and 500 overseas projects at a cost of Rs2,100 billion, representing almost 30% of the revenue.”

“After holding Managing Director position, I am eager to excel to the new heights with the help of all the employees who have reposed full confidence and assured their full support. Nespak vision for future is based on constant growth and development to meet the challenges of the rapidly changing world and its environment in step with the requirements of the times.”

Replying to a question regarding energy crisis, Amjad Khan said that Nespak is involved in several short, medium and long-term power projects to enhance electricity generation. Presently, it is working on schemes of converting street lights of Lahore to solar lights, besides plan of setting up solar tubewells as well as solar filtration plants. He observed that Nespak and other partner organisations have expedited work on 6600MW Coal Power Park at Gadani in Balochistan, as the government funded two coal-fired power plants of 1320MW will start generation by the mid of 2016.

“The project time lines are tight and ambitious. If every thing goes on time, the first power plant will start its operations in the Park by 2016 spewing out 1320MW of electricity. The rest of the plants will become operational by end of 2018.”

Several works have been completed in this regard which includes allocation of area, sight survey, preparation of GIS-based revenue map, quotation of geo technical investigation and website for computerized progress, he said.

He said that the Ministry of Water and Power is working on a war footing to implement the project. The Prime Minister wants all the activities related to Pakistan Power Park to be on fast track basis and to run in parallel. The launching of this ambitious coal-based initiative shows the concern the government has for the energy mix of the country. He informed that the Prime Minister has already approved Rs1 billion as seed money for the project out of which Rs100 million was released by the Ministry of Planning and Development.

“Nespak is providing its services for the major projects namely Neelum Jhelum Hydroelectric Project, Mangla Dam Raising Project and Pakistan-Iran Gas Pipeline. Proposals have also been submitted for new business avenues like coal-based power projects in Thar, he added.

Nespak MD, who is also its president, stated that with present capacity of just 25,000MW, the government will have to plan generation of around 100,000MW for the next 20 years as the country will require at least 70,000 to 80,000MW electricity in this period and role of Nespak is crucial in this regard.

Amjad Khan stated that besides doing its own business, the company has supported and helped other smaller consulting firms of Pakistan in improving their experience and credentials by making joint ventures with them.

New offices have been planned to be opened in foreign countries where Nespak is invited to render its services, the most important one of which is in United Kingdom, where the company will work together with European consultants in the field of engineering consultancy.

“Within a year of inception, Nespak had entered the international arena by winning projects in Africa. After that there was no looking back; by now the company has provided, or is providing, consultancy services for 500 projects in 36 countries including Afghanistan, Azerbaijan, Bahrain, Bangladesh, Benin, Cameroon, Chad, Dominica, Ethiopia, Gambia, Ghana, Guinea, Iran, Iraq, Kazakhstan, Kyrgyzstan, Libya, Nepal, Nigeria, Oman, Pakistan, Qatar, Republic of Yemen, Saudi Arabia, Senegal, Sierra Leone, Somalia, Sudan, Syria, Tajikistan, Tanzania, Thailand, Turkey, Turkmenistan, United Arab Emirates and Uzbekistan. The MD maintained that having gone through its formative, growth and consolidation phases during the last 40 years, the strength of the company’s staff now stands at over 4,100. “We are proud to have retained a solid core of experts in various fields despite ups and downs in the consultancy market. The greatest advantage the Nespak has over many other consulting firms is that it can provide services in almost every field of engineering and economic development.”