SEPCOL has successfully set up a 135MW thermal power generation project near Lahore based upon medium-speed diesel engines at a cost of about US$ 155 million. The Company is recognized as one of the key Independent Power Producers (IPPs) in the country and demonstrated its financial potential with an annual turnover of over Rs 4 billion. The Company, however, went into financial turmoil in the past few years due to the forced and unjust closure of its plant for about two years by WAPDA during 2008 – 2009. The Company has its head office in Islamabad, Pakistan. SEPCOL is principally sponsored by SNC Lavalin Corporation of Canada which is one of the world’s leading engineering and construction firms and has an annual turnover of over $ 2 billion, and an asset base of over $1.8.