Shah Jahan Mirza

Managing Director, PPIB

Shah Jahan Mirza is currently serving as Managing Director, PPIB. He is a graduate in Investment Management from Cass Business School London and master in Business Administration from Pakistan having more than 34 years’ professional experience in the areas of evaluation, development and financing of large scale power generation and infrastructure projects, facilitation of investors, strategic management, policy formulation, public procurement, contract administration, tariff structuring, regulatory affairs, etc.

During the last five years as Managing Director PPIB, he was instrumental in adding power generation capacity of 9,000 MW to the national grid of Pakistan mainly through private sector investments. Currently PPIB is managing 39 commissioned IPPs of 17,449 MW having investment of around US$ 20 billion while 26 multiple fuel based power projects of 12,550 MW and One HVDC Transmission Line Project are under development. Target is to add another 5,600 MW to the national grid by Year 2022. PPIB is also acting as front runner institution in implementing major chunk of China Pakistan Economic Corridor CPEC) Energy Projects.

As Managing Director PPIB, he played lead key role in formulation and implementation of 2015 Power Generation Policy and 2015 Transmission Line Policy to attract private sector investments in Pakistan, development of Power Projects on local (Thar) and Imported Coal as well as state of the art, most efficient RLNG based CCGT Power Plants, Financial closing /construction start of number of hydropower projects in the private sector and first ever private sector HVDC Transmission Line Project of US$ 1.6 Billion in Pakistan.

Before taking over as Managing Director PPIB, he served as Executive Director Finance and Policy PPIB where his core duties included looking after the financing and policy related issues of the IPPs as well as accounting and financial management functions of PPIB. Previously Mr. Mirza has a diverse career as a banker, consultant, lead in financial restructuring and privatization transactions.

Before joining PPIB in July 2003, he had served in various organizations including Private Power Cell of Ministry of Water & Power (present PPIB) wherein he made valuable contributions in formulation of Private Power Generation Policy of 1994, including indexation procedures of tariff and standardized security package (Implementation, Power Purchase and Fuel Supply Agreements). He also served as General Manager (Investment) Planning in Fauji Foundation which is one of the largest business conglomerate in Pakistan, as Financial Analyst in International Resources Group (IRG) of US based consultancy firm, as Financial Analyst in Project Finance Department of National Bank of Pakistan and as an independent consultant in the energy sector.

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