About GPGC

Palestine Electric Company (PEC) was established in Gaza, Palestine in 1999 and is registered in accordance with the Companies’ Law as Shareholding Company with paid-in capital of 60 million US Dollars. PEC shares were listed in the Palestine Exchange in 2004, where 33% of its shares are owned by Public Shareholders and 67% owned by Founding Companies.

The main objectives of the Company are to establish electricity generating plants in the territories of the Palestinian National Authority (PNA) and to carry out all the operations necessary for the production and generation of electricity. The Company established its subsidiary in Gaza under the name of “Gaza Power Generating Company (GPGC)”, which has an exclusive right from PNA to generate electricity in the Gaza Strip.