CORRIGENDUM

Interested parties may obtain pre-qualification documents from the following address and submit all required details indicated in the pre qualification document by 21 st May, 2013 till 1200 hours. All received forms will be opened on 21st May, 2013 at 1500 hours.

Note: Advertisement for pre qualification published on 14th April, 2013 may please be considered revoked.

                     (Mian Anwar Aziz )                                         Company Secretary

PROMOTION OF M.D. PECO

The Management of Pakistan Engineering Company congratulates Mr. Babar Hassan Bharwana, Managing Director of the Company on his promotion to Grade BS-21 with effect from March 11, 2013.

Notification issued by the Establishment Division of the Cabinet Secretariat of Government of Pakistan vide No. F 1/2/2013/E-5(PAS) dated March 11, 2013 is reproduced hereunder:

1. Mr. Babar Hassan Bharwana, a BS-20 officer of Pakistan Administrative Service, presently posted as Managing Director, Pakistan Engineering Company under Ministry of Production, is promoted to BS-21, in that service, with immediate effect.

2. On promotion, Mr. Babar Hassan Bharwana, will continue as Managing Director, Pakistan Engineering Company under Ministry of Production, until further orders.

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the 63rd Annual General Meeting of Pakistan Engineering Company Limited will be held at Hotel Ambassador, 7-Davis Road, Lahore, on Thursday, October 25, 2012 at 10.30 A.M. to transact the following business:

 1. To confirm Minutes of 26th Extra Ordinary General Meeting held on Saturday, March 31, 2012.

2.To receive, consider and adopt the Audited Accounts of the Company for the year ended June 30, 2012 together with the Auditors’ and Directors’ report thereon.

3.To appoint auditors for the year ending June 30, 2013 and to fix their remuneration. The present Auditors M/s Fazal Mahmood & Company, Chartered Accountants being eligible for reappointment have offered themselves for reappointment. The Board of Directors, on recommendations of the Audit Committee, has proposed appointment of M/s Fazal Mahmood & Company, Chartered Accountants for the year 2013.

4.To transact any other business with the permission of the Chair.

              BY ORDER OF THE BOARD
                     (Mian Anwar Aziz )
                     Company Secretary

              Lahore: September 29, 2012

NOTES:

1. The Share Transfer Books of the Company shall remain closed from October 20, 2012 to October 26, 2012 ( Both days inclusive ) and no transfer will be registered during that time. Transfers received in order at the office of the Registrar of the Company M/s Scarlet IT System (Pvt.) Limited, 24 Ferozpur Road, Near Mozang Chungi, Lahore at the close of business on October 19, 2012 will be treated in time.

2. A member entitled to attend and vote at this meeting is entitled to appoint any person as a proxy and vote on his / her behalf. Proxies in order to be effective must be received at the Registered Office of the Company not less than 48 hours before the time of the meeting.

3. Any individual Beneficial Owner of the Central Depository Company (CDC), entitled to vote at this meeting must bring his/her Computrized National Identity Card (CNIC) or passport ( in case of foreigner) alongwith CDC account number to prove his/her identity and in case of proxy must enclose an attested copy of his/her CNIC or passport. Representatives of corporate members should bring the usual documents required for such purpose.

4. Members are requested to notify us immediately of any change in their Registered address currently available with us.

5. The Registrar of the Company is, M/s SCARLET IT Systems Ltd. 24 – Ferozpur Road, Near Mozang Chungi, Lahore.

6. Members who have not yet submitted photocopy of their Computerized National Identity Cards(CNIC) to the Company are requested to send the same at the earliest.

CHANGE OF REGISTERED OFFICE

Registered / Head Office of the Company has been shifted from PECO factory premises at Kot Lakhpat, Lahore to 6/7, Ganga Ram Trust Building, Shahra-e-Quaid-e-Azam, Lahore. New mailing address, telephone and fax numbers of our new Registered / Head Office are given below:

Mailing Address Pakistan Engineering Co. Ltd. 6/7 Ganga Ram Trust Building, Shahra-e-Quaid-e-Azam, Lahore
Telophone Nos 042-37 32 0225-27
Fax Nos 042-37 32 3108

CHANGE OF MANAGING DIRECTOR

Government of Pakistan, vide Establishment Division’s Notification No. (555) E-5 (DMG) dated 25th April, 2012, has appointed Mr. Babar Hassan Bharwana an officer of District Management Group, as Managing Director of Pakistan Engineering Company, with immediate effect.

April 25, 2012

CHANGE OF CHAIRPERSON OF THE BOARD

Establishment Division of the Government of Pakistan vide Notification No. 41/361/2010-E-1 dated March 26, 2012 transferred and placed Ms. Rukhsana Saleem as Chairperson of the State Engineering Corporation Ltd., In place of Mr. Amir Tariq Zaman. Chairperson SEC is by designation a Director of SEC units including PECO. Board of Directors of PECO in its meeting held on April 19, 2012 elected her as Chairperson of the Board of Pakistan Engineering Company Ltd.

April 19, 2012

 


Incorporated in year 1951, four years after the independence of Pakistan in 1947. Setup by an entrepreneur migrated from India and was the pioneer light engineering products company listed on the stock exchanges of the country in the name of Batala Engineering Company (BECO). Within a period of fifteen years it became leader in light engineering goods manufacturing with the help of European & American technology and their team of engineers to produce High Quality Machine Tools, Pumps, Power Looms, Concrete Mixers, Cranes, Power Presses, Electric Motors, Bicycles, Steel Rolled Products, Electricity Transmission Towers, Structure and General Fabrication.

The industry was set up at Badami Bagh, old city of Lahore on land area of 34 acres, and whole adjacent area was subsequently converted into steel center of Pakistan. Due to rapid addition of products, the land area became in-sufficient for further expansion. In the same city of Lahore 247 acres land was acquired in 1960 at Kot Lakhpat industrial zone, for further expansion.

After take over by the Government in the year 1972 under the economic reforms, it was renamed as Pakistan Engineering Company (PECO). The areas focused after take over were Steel Making where three Electric Are Furnaces of 10 tons each, Steel Rolling Mills to roll bigger size steel angles were added in line with future trends. Modern laboratory for Mechanical, Chemicals, Non-Destructive Tests etc. equipped with Universal Tensile Testing, Hardness Brielle & Rockwell, 32 Channels Direct Emission Spectrometer for analysis of Ferrous and Non-Ferrous base metals, LESCO Carbon & Sulphur Determination, Metallographic, Ultrasonic Flaw Detector, Magnetic Particle Separator was also setup.

For better precision, state of the art CNC machines for Punching, Marking & Shearing of Steel angles of size upto 200 mm along with CNC machine for plate punching up to thickness of 40 mm and Hydraulic plate punching, shearing of Billet, Bars of different shapes, steel angles of various sizes, cup cutting were also installed in the years 1983 and 2007. The company is qualified for manufacturing electricity transmission towers up to 500 KV. Three Hot dip Galvanizing Plants are installed to cope up with the increase in production capacity of transmission towers. The annual production of steel structures on single shift basis is now 30,000 tons.

Design office was also setup for in house designing of its regular products and special jobs. The design office is equipped with latest computer aided design and drafting facilities. Highly experienced design engineers in relevant field are available for continuous improvement in designing. Arrangements with reputable international design organizations are available for economical and latest technology based designing.

The Government considered various plans for its revival and it was decided in the year 2002 to re structure the company. Under the approved plan, all machines, equipment, steel sheds were shifted from old Badami Bagh Works to Kot Lakhpat Works to consolidate at one place, where ample space of 150 acres is still available for further expansion. Products of obsolete technology, obsolete machines / equipment, low technology products such as Machine Tools, Power Looms, Bicycle were closed down.

In the year 2003, the Corporate Structure of the company was changed. Some portion of the Government shares was off loaded through stock exchanges to have a Private – Public partnership in order to manage the company operations in more efficient manner. Thus private shareholding increased to 67% and Government Share holding 33%. The private share holders elected directors therefore got effective role, which has resulted in improving efficiency in all areas. The company has turned around, and is not only earning profits, but also continuously improving its profitability and financial health. The shareholders are being paid cash dividend much higher than bank rates. The market price of its share is now highest in the engineering sector companies in Pakistan.

The Foundry is also available in house to produce castings of Pumps, Electric Motors and Machine Tools. It is in the process of up gradation to cater for high quality castings for Tractors and Auto Sector.

The Company is also producing Electric Motors for our own use and market. The technology is of NEUMANN U.K. The types and range of Motors is as below:-

Drip Proof Squirrel Cage, 3 Phase 400 V 1-75 HP, 1000, 1500 & 3000 RPM
Totally Enclosed, Fan Cooled, Squirrel Cage, 3 Phase, 400 V 1 – 50 HP, 1000, 1500 & 3000 RPM
Drip proof, Vertical Hollow Shaft, Squirrel Cage, 3 Phase, 400 V 10-150 HP, 1500 & 3000 RPM
Totally Enclosed, Fan Cooled,Squirrel Cage, Vertical Hollow Shaft, 3 Phase, 400 V 10,15,20,80 & 150 HP 1500, 720 & 960 RPM
Naturally Cooled, Squirrel Cage, 3 Phase, 400 V 1 – 2 HP
Submersible Motors Type 1218 A/2, 3 Phase, 400 V 15 – 50 HP

All components of Electric Motors are manufactured in house.

The Company is manufacturing Pumps for use in Agriculture, Water supply, Drainage, De-watering, Sugar Industry etc. The Technology was acquired from M/s Jaccuzi, U.S.A. The type and range of Pumps being produced are:-

Centrifugal Pumps:  
For Heads: 20 to 300 Ft
Capacity Range: 100 to 1625 IGPM
Submersible Pumps:  
For Well Dia: 8  to  12 Inches
Capacity Range: 60 to   1200 IGPM
Deep Well Turbine Pumps:  
For Well Dia: 6 to 16 Inches
Capacity Range: 15 to 700 CU M/H
Non Clogging Pumps:  
For Heads: 6 to 98 Metres
Capacity Range: 20 - 1000 Cubic Metres

All castings and components of Pumps are manufactured In house.

The facilities such as Galvanizing, Steel Rolling and Foundry are under extensive renovation and automation. Foreign Consultants have been hired to assist in modernization plans of the Company.

PRODUCTION FACILITIES:
Company has the following in house production facilities:
MECHANICAL:
  • Fabrication
  • Turning
  • Milling
  • Drilling
  • Boring
  • Press Work
  • Flame Cutting
  • Grinding
  • Welding
  • Broaching
  • METALLURGICAL:
  • Cast Iron Casting
  • Pressure Die Casing
  • Non Ferrous Castings
  • Steel Re Rolling
  • SURFACE FINISHING:
  • Galvanizing
  • Electroplating
  • Enameling
  • Phosphating
  • Heat Treatment
  • Soldering/Brazing
  • TESTING FACILITIES:
    MECHANICAL TESTING:
  • Universal Tensile, Bend & Compression Testing
  • Brinell & Rockwell Hardness Testing
  • Charpy Impact
  • CHEMICAL TESTING:
  • Analysis of ferrous & non ferrous base metals on direct emission spectrometer.
  • LECO carbon & sulpher determination
  • Chemical analysis through wet analysis
  • Metallography
  • NON DESTRUCTIVE TESTING:
  • Ultrasonic Flaw Detector
  • MACHINES INSTALLED:
    List of major machines installed at different shops of the Company are given hereunder:
  • CNC
  • Plate Profile Punching Machines
  • Iron Workers
  • Angle Shearing Machines
  • Plate Shearing Machines
  • Mechanical Presses
  • Drill Machines
  • Profile Gas Cutting Machines
  • Hydraulic Bending Machines
  • Brake Presses
  • Hole Punching Line (FICIP)
  • Galvanizing Plants
  • Milling Machines
  • Facing Units
  • Vertical Boring Machines
  • Shaping Machines
  • Key Way Seater – Vertical
  • Slotting Machines
  • Cylindrical Grinding Machines
  • Turret Lathes
  • Centre Lathes
  • Radial Drill Machines
  • Multiple Drill Machines
  • Pressure Testing Machines
  • Balancing Machines
  • Hacksaw Machines
  • Shaft Straightening Machines
  • Tube Expanding Machines
  • Tool Grinding Machines
  • Rotor Balancing Machines
  • Bore Check Machines
  • Horizontal Grinding Machines
  • Alluminium Melting Furnaces
  • Gulotine Machines
  • Engraving Machines
  • Die Casting Machines
  • Pre Heating Furnaces
  • Annealing & Blowing Plant
  • Notching Machines
  • Moulding Machines
  • Cupola Furnaces
  • Short Blasting Machines
  • Shake out Machines
  • Sand Blasters
  • Pattern Machines
  • Steel Re rolling Mills
  • High Frequency Induction Furnaces
  • Crucible Furnaces
  • Green Sand Preparation Plants
  • Mechanized Moulding Lines
  • With clients both locally and internationally, we are proud that our services that makes us stand out from the rest in competition, choosing us will ensure long after sales support.

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