Saif Group

Saif Group is a Pakistani conglomerate company largely focused on textile industry and is owned by Saifullah Khan family.

Saif Group
Holding
IndustryTextile, Power Generation
Founded1927 (1927)
FounderKhan Faizullah Khan
HeadquartersIslamabad, Pakistan
Revenue $2 billion
OwnerSaifullah Khan family
Websitewww.saifgroup.com

It is based in Islamabad and is involved in power, health care, textiles, real estate and telecommunications.[1]

Major projects of the group

Saif Group of Companies manages and owns 11 companies.[2][3][4]

Textile Division

Its textile division owns and manages three companies:

  • Saif Textile Mills Limited, with installed capacity of 88,476 spindles is located in Khyber Pakhtunkhwa,[3]
  • Kohat Textile Mills with installed capacity of 44,400 spindles is located in Kohat,[5] and Mediterranean Textile Company is located in Egypt; it has an installed capacity of 63,312 spindles for the production of 100% cotton yarn.[6]

Energy Division

Pakistan depends on natural gas to meet nearly half of its energy needs. Oil takes care of nearly 30% of its requirements. As a country, Pakistan remains underexplored for oil compared to the rest of the world largely because power generated from river resources (hydel power) and natural gas are cheaper to develop:[1] Jehangir Saifullah Khan is in charge of day-to-day operations in the Energy Division.[1]

  • Saif Power Ltd (SPL) is a 225 MW Combined Cycle Thermal Power Project in the Sahiwal District of Punjab, Pakistan.[7]
  • Saif Energy Limited (SEL) holds interests in 4 blocks with a total oil and gas exploration acreage of 3109.66 km2 in consortium with other energy and power companies, including Pakistan's state-owned Oil and Gas Development Company OGDCL (Pakistan), Mari Petroleum Company Limited MPCL (Pakistan), and Tullow Oil (Ireland).[8] They brought the first GSM phone service to Pakistan in 1994 in a venture with Motorola, named as Mobilink but the Saif Group sold its stakes in 2007.[1]
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References
  1. Megha Bahree (21 September 2009). "Drilling Amid the Taliban". Forbes.com website. Retrieved 30 September 2017.
  2. "Rs22.2m for Balochistan quake survivors". The Nation (newspaper). 3 December 2013. Retrieved 30 September 2017.
  3. Malik, Rashid (30 November 2012). "Pakistan Stocks: with ticker symbol SAIF (Saif Textile Mills Limited) - Analysis - 30/11/2012". Pakistan-stocks.blogspot.com. Retrieved 30 September 2017.
  4. "SAIF TEXTILE MILLS Limited - Textile Spinning Mills - Islamabad". Pagespak.com. Retrieved 30 September 2017.
  5. Lafarge, Saif Group Holdings sign agreement Business Recorder (business newspaper), Published 14 September 2013, Retrieved 30 September 2017
  6. "Mediterranean Textile Company". Saif Group. Retrieved 30 September 2017.
  7. "Power Generation". Saif Group. Retrieved 20 May 2016.
  8. "Oil & Gas Exploration". Saif Group. Retrieved 20 May 2016.


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