Overview

Overview of Nishat Chunian Group

 

From a modest start in 1990 with a spinning mill of only 14,400 spindles, Nishat Chunian Ltd. has grown to become the fourth largest textile company in Pakistan (in terms of sales). It is now a vertically integrated textile company with a yearly spinning production of 75,000 tons of yarn, 3 million metres of greige fabric in weaving and 4 million metres of finished fabric. All the processes are integrated and a captive power plant supplies uninterrupted power to all the units.

In 2007, the Group diversified into the power sector by setting up a 200 MW Independent Power Plant followed by incorporation of Nishat Chunian USA Inc. in 2013. To cope up with escalating energy demand, NC Electric. was set up in 2014. Continuing its diversification policy, the Group founded NC Entertainment in 2015. 

Today, Nishat Chunian Group consists of five companies – Nishat Chunian Limited (a textile company), Nishat Chunian Power Limited (a power generation company), Nishat Chunian USA Inc. (Incorporated in USA), Nishat Chunian Electric Corporation Ltd.(a captive power generation company) and Nishat Chunian Entertainment Pvt. Ltd. (an entertainment company).

Other Group Companies

NC Energy Ltd.
NC Energy Limited is a public limited company incorporated in December 2014 under the Companies Ordinance, 1984. The primary objectives of the company are to generate, transmit, distribute and sell electric power anywhere in Pakistan; subject to approval from NEPRA and other concerned authorities.

NC Holdings Ltd.
NC Holdings Limited is a public limited company incorporated in December 2014 under the Companies Ordinance, 1984. It is to act as a holding company and holds investments in subsidiaries, other companies, entities and organizations.