Descon

Multinational conglomerate company

Descon Engineering

Company type| Private
ISIN| PK0132801017
Industry| Engineering
Founded| December 15, 1977; 46 years ago (1977-12-15) in Lahore, Pakistan
Founder| Abdul Razak Dawood
Headquarters| Lahore, Pakistan

Area served

| International
Revenue| Revenue US$26 billion 2022 US$28 billion 2023

Number of employees

| 24,000
Subsidiaries| Descon Engineering Limited

Descon Oxychem Limited

Descon Technical Institute

Descon Engineering Abu Dhabi, UAE

Descon Engineering FZE, Sharjah, UAE

Descon Engineering, Qatar

Presson Descon International Limited

Olayan Descon Engineering
Website| descon.com

Descon is a Pakistani Multinational conglomerate company [1] which is based in Lahore, Pakistan.[2] The company was founded on 15 December 1977. It operates in the engineering, Power and Chemicals sectors.[1]

Descon is the only Pakistani engineering company to be included in the Engineering News-Record (a US magazine) list since 2007.

## History[edit]

The company was founded by Abdul Razak Dawood as Design Engineering and Construction Services (Descon) in 1977. The initial capital used for starting this startup was Rs. 3.2 million. [2] From this, they expanded into three sectors and now they are operating in UAE, Qatar, Saudi Arabia, Kuwait, Oman, Iraq and South Africa.[2]

The company got its first contract when Attock Refinery asked to set up a small refinery in 1978.[2] In 1981, they got a bigger four-year project of National Refinery which helped the company to expand.[2]

In 1982, they tried to expand to regional markets, where they helped a Saudi company and afterwards got a small project in Abu Dhabi. By 2018, this company was generating 60% of its income from overseas markets which helped the company grow to be a billion-dollar company.[2][3]

In 2018, Descon expanded its footprint into South Africa by acquiring 26% of Plant Design and Project Services (PDPS) an engineering firm there.[3][1][4]

## Businesses[edit]

The Engineering Business comprises following establishments:

* Descon Engineering Limited
* Descon Engineering Abu Dhabi
* Descon Engineering Qatar LLC
* Descon Engineering Hamriyah FZE
* Descon Engineering Services & Technology (Pvt.) Limited
* Presson Descon International Limited
* Olayan Descon Engineering Company, Kingdom of Saudi Arabia
* Descon Technical Institute, Pakistan

Descon Chemicals Business comprises the following establishment:

* Descon Oxychem Limited (manufacturing plant of Hydrogen Peroxide – a bleaching and oxidizing agent used in textile, paper and food industries[5]

* In financial year 2016-17, Descon's chemical business recorded a growth of 833% in profit.[2]

### Power[edit]

Descon Power owns the following establishments:

* Descon Power Solutions (Pvt.) Limited[1]
* Rousch Power Pakistan Limited
* Altern Energy Limited

Operation & maintenance

It is also active in operation & maintenance (O&M) of power plants in Pakistan. Following is a list power plants which have contracted with the Descon for operation & maintenance:

* FFC Energy Limited (FFCEL)[6]
* FWEL-I[6]
* FWEL-II[6]
* Metro Wind Power[6]
* Gul Ahmed Wind Power[6]
* Yunus Wind Power[6]
* Hartford Alternate Energy[6]

## See also[edit]

* List of companies of Pakistan
* Pearl GTL

## References[edit]

1. ^ a b c d "Descon kicks off 40th anniversary celebrations". The News International (newspaper). 15 November 2017. Retrieved 11 December 2019.
2. ^ a b c d e f g Shahram Haq (25 December 2017). "Descon plans to venture into South Africa market – The Express Tribune". Retrieved 11 December 2019.
3. ^ a b Nasir Jamal (8 January 2018). "Descon head wants a level playing field under CPEC (China-Pakistan Economic Corridor)". Dawn (newspaper). Retrieved 11 December 2019.
4. ^ Descon:Press Release:August 21,2018:Descon expands acquiring consulting operations in South Africa
5. ^ Finance facility (Descon Oxychem Limited) Dawn (newspaper), Published 8 November 2007, Retrieved 11 December 2019.
6. ^ a b c d e f g "FFC Energy Limited extends contract with Descon Power Solutions". Daily Times. 12 July 2018.

## External links[edit]

* Descon

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Electricity distribution companies of Pakistan

DISCOs|

* Faisalabad Electric Supply Company
* Gujranwala Electric Power Company
* Hyderabad Electric Supply Company
* Hazara Electric Supply Company
* Islamabad Electric Supply Company
* Lahore Electric Supply Company
* Multan Electric Power Company
* Peshawar Electric Power Company
* Quetta Electric Supply Company
* Sukkur Electric Power Company
* Tribal Electric Supply Company

Transmission|

* National Transmission & Despatch Company

Authorities|

* Water & Power Development Authority
* National Electric Power Regulatory Authority

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