NEW BONG ESCAPE HYDROPOWER PROJECT

Salient Features

Company Laraib Energy Limited
Capacity 84 MW (Gross)
Location 7Km Downstream Mangla Dam, AJK
River Jhelum
Project Type Run of River
Energy 470 Gwh
Term of the PPA 25 Years
Registered Address 12-B/1, G-8 Markaz, Islamabad
Email mail@laraibenergy.com

Important Milestones

Issuance of Letter of Support (LOS) by GOAJK 18th May 1996, valid until 2nd Dec. 2009
Signing of Amended & Restated GOPIA 31st August 2007
Signing of EPC contract 19th June 2009
Signing of Amended & Restated PPA 22nd October 2009
Signing of Amended & Restated AJKIA 27th October 2009
Signing of AJKIA-DA, WUA-DA, GOPIA-DA 10th November 2009
Signing of PPA-DA 20th November 2009
Signing of Amended & Restated WUA 27th October 2009
Signing of Finance Documents 05th November 2009
Financial Close December 2009
COD 23rd March 2013