Sapphire Electric Co Ltd

This article is part of the Ownership Project at Global Energy Monitor which includes ownership data on Coal Plants, Oil and Gas Plants, Bioenergy Plants, Coal Mines, Iron and Steel Plants, Iron Ore Mines, Cement and Concrete, Chemicals, Oil and NGL Pipelines, and Gas Pipelines,

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Sapphire Electric Co Ltd is a legal entity registered in Pakistan, with headquarters in Pakistan.

This entity is not publicly listed, and it is not the result of a joint venture.

Also known as: SECL

Table 1: Organization identifiers

ID Scheme	Code	ID data source
Global Energy Monitor (GEM)	E100000003963	–
Global Legal Entity Identifier Index	not found	–
PermID: Refinitiv Permanent Identifier	5036372118	​

Ownership Structure

Direct Ownership

Table 2: Direct ownership

Entity	Percentage / Percentage range
Meezan Bank	5.0
Sapphire Fibres	68.1
XENEL Industries	20.0

Ultimate Beneficial Ownership

Table 3: Ultimate beneficial ownership

GEM ID	Entity	Country
E100000123261	natural persons	N/A
E100001015587	small shareholders	N/A
E100000133745	Islamic Development Bank	Saudi Arabia
E100002017545	Noor Financial Investment Co	Kuwait
E100002017546	Pakistan Kuwait Investment Company	Pakistan

Intermediate Entities

Table 4: Intermediary entities

GEM ID	Entity	Country/Area
E100000001361	XENEL Industries	Saudi Arabia
E100001011672	Sapphire Fibres	Pakistan
E100001011674	Meezan Bank	Pakistan
E100002025374	ATMZ Company	Pakistan
E100002025376	Resource Corporation	Pakistan
E100002025377	Synergy Holdings	Pakistan

Direct Subsidiaries

Sapphire Electric does not have any known direct subsidiaries.

Asset Ownership

Table 5: Owned assets

Project	Asset type	Country/Area	Status	GEM tracker
Sapphire Electric power station	Oil & Gas Plant	Pakistan	operating	GOGPT

Articles and Resources

Additional data

To access additional data, including a downloadable dataset, summary data, and interactive tools, please visit the Global Energy Ownership Tracker on the Global Energy Monitor website.