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ALTERN ENERGY LIMITED

 

Salient Features

Company

Altern Energy Limited

Capacity

29 MW (Gross)

Location

Fateh Jang, Attock

Fuel

Gas

Technology

Gas Fired Diesel Engine

Plant Configuration

4x3.5 MW Engines (4 units-Phase-I)

4x3.75MW Engines (4 Units-Phase-II)

Power Purchaser

WAPDA

Fuel Supplier

SNGPL

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(Phase-I)

Commissioning Date

June 6, 2001 (Phase-I)

September 20, 2008 (Phase-II)

Capacity

29 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