Palestine Power Generation Co. (PPGC)

PADICO HOLDING established Palestine Power Generation CO. (PPGC) in 1999 with a paid-up capital of USD 60 million, to establish power plants in the area under the Palestinian National Authority (PNA) control, implement all necessary operations for generating electricity. The company has been listed on the Palestine Stock Exchange since 2004, the same year the company started its commercial operations.

An exclusive right was granted by the Palestinian Authority allowing Palestinian Electricity Company to generate electricity in the Gaza Strip and sell it to Palestinian Authority owned or managed institutions for 20 years. The period may be extended for a maximum of two consecutive five-year terms.

Board of Directors

Chairman of the Board

Palestine Investment Fund

Mohammad Mustafa

Vice Chairman

Palestine Development and Investment L.T.D (PADICO)

Bashar Masri

Board Member

Palestine Development and Investment L.T.D (PADICO)

Nabil Al-Sarraf

Board Member

Palestine Investment Fund

Basem Abd Al-Haleem

Board Member

Palestine Investment Fund

Durgham Maraee

Board Member

Arab Palestinian Investment Company (APIC)

Tarek Aggad

Board Member

Arab Bank

Jamal Hourani

Board Member

Paltel Group

Ammar Al-Aker

Board Member

Palestine Electricity

Sharhabil Al-Zaeem

CEO

  • Mr. Basem Abdul-Haleem

Contact Information

Tel : 0097222988020/1/2

Fax : 0097222984441

P.O.Box : 676  Ramallah- Palestine

Email : info@ppgc.ps

Website: www.ppgc.ps