Commercial Credit Report for Altern Energy Limited

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	Altern Energy Limited
Descon Headquarters, 18-Km Ferozepur
Phone: +92 4235990034p:+92 4235990034	LAHORE, 54000 Pakistan	Ticker: ALTNALTN

Business Summary

Altern Energy Limited is a Pakistan-based company. The principal activity of the Company is to build, own, operate and maintain a gas-fired power plant having a gross capacity of about 32 megawatts. The Company also holds direct and indirect investments in other companies engaged in power generation. The electricity produced is sold to its sole customer, Central Power Purchasing Agency (Guarantee) Limited (CPPA) through the transmission network of National Transmission and Dispatch Company (NTDC). The Company’s subsidiary, Rousch (Pakistan) Power Limited (RPPL), is an independent power producer having a gross capacity of about 450 megawatts. The principal activity of RPPL is the sale of electricity, ownership, and the operation, and maintenance of a 450 Mega Watts gas-based combined cycle thermal power plant located near Sidhnai Barrage, Abdul Hakeem, District Khanewal, Punjab. The Company's thermal power plant is located near Fateh Jang, District Attock, Punjab.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
4911	Electric services

Officers and Directors

Title	Name	Title Date	Start Date
Chairman of the Board	TaimurDawood	9/26/2018	12/31/2013
Chief Financial Officer	Annie M.Malik	7/29/2019	7/29/2019
Company Secretary	SalmanAli	7/29/2019	7/29/2019
5 additional Officers and Directors records available in full report.

General Information

Number of Employees:	26	(As of 6/30/2021)
Outstanding Shares:	363,380,000	(As of 12/31/2023)
Shareholders:	398
Stock Exchange:	PSX
Fax Number:	+92 4235401938

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