Private Power & Infrastructure Board
Ministry of Energy (Power Division)
Government of Pakistan

Almoiz Industries (Pvt) Limited

 Salient Features

 

 

Project Company

Almoiz Industries (Pvt) Limited

Policy

(Framework for Power Cogeneration 2013) RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Mr. Muhammad Shamim Khan

Main Sponsor Shareholder

40.8154%

Other Sponsors

Mrs. Qaiser Shamim Khan Mr. Adnan Ahmad Khan Mr. Nauman Ahmad Khan Mrs. Farrah Khan Mrs. Sarah Hajra Khan Mrs. Maria Razvi Mr. Muhammad Khan Saddozai

Other Sponsors Shareholder

58.1846% Mrs. Qaiser Shamim Khan 23.430%, Mr. Adnan Ahmad Khan 1.0000%, Mr. Nauman Ahmad Khan 32.4221%, Mrs. Farrah Khan 2.3572%, Mrs. Sarah Hajra Khan 0.0002%, Mrs. Maria Razvi 0.0002%, Mr. Muhammad Khan Saddozai 0.0016%

Province

Punjab

Location

Mianwali-Muzaffargarh (MM) Road, Adda Hameed Kot, Mianwali, Punjab

Gross Capacity

36MW

Technology

Steam Turbine Baggsse Conventional Steam Turbine based Power Plant [with one (01) Back Pressure Type and one (01) Extraction cum condensing Steam Turbine with 65 bar (kg/cm2) boiler.

Configuration

Steam Turbines: Unit No. - 1 (16 MW) Triveni Turbine Limited India,Siemens Germany,Dongfong China, Harbine China,Toyodenki Japan, Skoda, China, Hangzhou Unit No. - 2 (20 MW) Triveni Turbine Limited India,Siemens Germany, Dongfong China, Harbine China,Toyodenki Japan, Skoda China,Hangzhou or equivalent Boiler: Dumping grate type Boiler with 84 TPH Capacity and 65 Bar (kg/cm2) pressure from Descon Engineering Limited, Pakistan

Total Project Price (USD)

35.8776Million 35.8776 million US Dollars (RS 3.5160048 billion @exchange rate 98 Rs/USD)

Debt Equity Ratio

80:20

Debt Amount USD

28.70208Million

Equity Amount USD

7.17552Million

Levelized Tariff

10.6202US c/kWh At the Time of Tariff Award: " PKR: 10.4078 PKR/kWh " US Cents: 10.6202 cents/kWh " Reference Exchange Rate: 1 USD = 98.00 PKR One-Time Adjusted Value: " PKR: 10.7290 PKR/kWh " US Cents: 10.5601 cents

Power Purchaser

Central Power Purchasing Agency (Guarantee) Limited (CPPA-GL)

Term of Project

30Years

Primary Fuel

Imported Coal/Bagasse

Annual Availability

45%

Annual Energy Yields

141,912GWh 141,912 MWh (based on PF 45%)

Important Events

 

 

 

Submission of Proposal

04-OCT-2013

 

Issuance of LOI

09-MAY-2014

Tariff Determination

07-AUG-2015

Submission of PG@US$ 5000/MW

16-MAR-2018 March 16, 2018

Date of issuance of LOS

16-JUN-2016

Implementation Agreement

13-JUN-2017

Power Purchase Agreement

10-MAY-2017 EPA

Achievement of Financial Close

05-OCT-2017

COD

04-JAN-2019