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ALTERN ENERGY LIMITED

 

Salient Features

Company

Altern Energy Limited

Capacity

10.5 MW (Gross)

Location

Fateh Jang, Attock

Fuel

Gas

Technology

Gas Fired Diesel Engine

Plant Configuration

3x3.5 MW Engines

Power Purchaser

WAPDA

Fuel Supplier

OGDC

Term of the PPA 30 Years
Registered Address

Altern Energy Limited

1st Floor, DESCON House

18 km, Ferozpur Road, Lahore.

Email

smiqbal@descon.com.pk

Important Milestones

Submission of Application

December 14, 1994

Issuance of Letter of Interest (LOI)          

December 18, 1994

Issuance of Letter of Support (LOS)

May 4, 1995

Date of Financial Closing

July 2, 1996

Commissioning Date

June 6, 2001

Capacity

9.75 MW (Net)

Contractual Agreements

Implementation Agreement

July 19, 1995

Power Purchase Agreement (PPA)             

September 18, 1995

Fuel Supply Agreement (FSA)

April 11, 1995

GOP Guarantee            

October 8, 1996