CDC PAKISTAN POWER PROJECTS LIMITED

1. CDC PAKISTAN POWER PROJECTS LIMITED 2017-02-14 → present
2. CDC EQUITY PARTNERS LIMITED 1999-11-09 → 2017-02-14
3. TRUSHELFCO (NO.2543) LIMITED 1999-10-08 → 1999-11-09

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“With support from British International Investment plc (BII), the Directors have a reasonable expectation that the Company will have adequate financial resources to continue in operational existence for at least the next 12 months. The Directors have considered the Company's net current liability position and note that current assets are less than the current liabilities mainly as a result of the intercompany loan owed to the parent company. Therefore, the Company relies on BII to cover any ongoing expenses.”

Group structure

1. CDC PAKISTAN POWER PROJECTS LIMITED · parent
   1. Metro Wind Power Limited 35% · Pakistan
   2. Zephyr Power 46.72% · Pakistan

Significant events

• “Following the political unrest between India and Pakistan that erupted in April 2025, a ceasefire was announced on 10 May 2025. Given the de-escalation, easing of tensions and the geographical location of the projects these events are not considered to significantly impact the valuations of Zephyr Power and Metro Wind Power Limited.”
• “The energy generation sector, including Zephyr Power and Metro Wind Power Limited, were approached by authorities attempting to renegotiate tariffs and Power Purchase Agreements in January 2025. Metro Wind Power Limited has since been exempted from renegotiations. Zephyr Power may still be subject to the review however there is insufficient visibility to conclude on the potential impact on valuations at the date of these financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -98.2%

  £2,070,236 → £37,224

• Net assets

  +40%

  £5,598,589 → £7,838,102

• Employees

  —

  Not reported

• Operating profit

  -43.7%

  £4,190,585 → £2,358,161

• Profit before tax

  -43.7%

  £4,190,533 → £2,357,931

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers