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

JDW Sugar Mills Limited (Unit-III)

 Salient Features

 

 

Project Company

JDW Sugar Mills Limited (Unit-III)

Policy

(Framework for Power Cogeneration 2013) RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Makhdoom Syed Ahmad Mahmud

Main Sponsor Shareholder

33.32%

Other Sponsors

Mr. Jahangir Khan Tareen Mr. Ijaz Ahmed Mr. Asim Nisar Bajwa Mr. Raheal Masud Mrs. Samira Mahmud Mr. Zafar Iqbal Syed Mustafa Mehmud Mrs. Amina Tareen W/0 Mr. Jahangir Khan Tareen NIT and ICP Banks Development Financial Institutions, Non Banking Financial Institutions Modarabas and Mutual Funds General Public - Local Joint Stock Companies Investment Companies Foreign Companies Others

Other Sponsors Shareholder

66.68% Mr. Jahangir Khan Tareen 15.0% Mr. Ijaz Ahmed 0.0042% Mr. Asim Nisar Bajwa 0.0025% Mr. Raheal Masud 0.0009% Mrs. Samira Mahmud 1.1282% Mr. Zafar Iqbal 0.0009% Syed Mustafa Mehmud 0.0009% Mrs. Amina Tareen W/0 Mr. Jahangir Khan Tareen 0.0539% NIT and ICP 0.0314% Banks Development Financial Institutions, Non Banking Financial Institutions 0.0260% Modarabas and Mutual Funds 0.0132% General Public - Local 47.8790% Joint Stock Companies 1.1641% Investment Companies 0.0036% Foreign Companies 0.0654% Others 1.3361%

Province

Sindh

Location

Mauza Laluwali Near Goth Islamabad, District Ghotki, in the Province of Sindh

Gross Capacity

26.35MW

Technology

Steam Turbine Baggsse Conventional Steam Turbine based Power

Configuration

1x26.35 MW - Conventional Steam Turbine based Power Plant Steam Turbine: Hangzhou Steam Turbine Company Limited / ENK-50/71/48 Boiler: DESCON Engineering Limited, Dumping Grate Boiler of 140 TPH Capacity and 67 Bar (kg/cm²) pressure

Total Project Price (USD)

26.26041Million 26.26041 million US Dollars (RS 2.57352 billion @excahnge rate 98 Rs/USD)

Debt Equity Ratio

80:20

Debt Amount USD

21.008328Million

Equity Amount USD

5.252082Million

Power Purchaser

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

Term of Project

30Years

Primary Fuel

Imported Coal/Bagasse

Fuel Supplier

JDW Sugar Mills (III)

Owner's Engineer

HTC China, HMC

Annual Availability

45%

Annual Energy Yields

103,871.7GWh

 Important Events

 

 

Submission of Proposal

18-MAR-2013

Issuance of LOI

18-JUN-2013

Tariff Determination

06-NOV-2013

Submission of PG@US$ 5000/MW

06-NOV-2013 November 06, 2013

Date of issuance of LOS

27-NOV-2013

Implementation Agreement

24-APR-2014

Power Purchase Agreement

20-MAR-2014

Achievement of Financial Close

25-APR-2014

COD

03-OCT-2014