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

RYK Mills Limited (RYKML)

 Salient Features

 

 

Project Company

RYK Mills Limited (RYKML)

Policy

(Framework for Power Cogeneration 2013) RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Mr. Makhdum Omar Shehryar

Other Sponsors

RYK Mills Limited (RYKML) and its major share holders

Province

Punjab

Location

RYK Mills, Rukanabad, Tehsil Liaqatpur, District Rahim Yar Khan, Punjab

Gross Capacity

30MW

Technology

Steam Turbine Baggsse Conventional Steam Turbine based Power Plant (with 1 Backpressure Type and 1 Extraction cum condensing Steam Turbine with 67 bar (kg/cm2) Boiler.

Configuration

2 x 15.00 MW - Conventional Steam Turbine based Power Plant Steam Turbines: Hangzhou Steam Turbine Company Limited (Model - NG40/40 & ENK40/56) Boiler: Dumping Grate Type Boiler of 140 TPH Capacity and 67 Bar (kg/cm2) Pressure/DESCON Engineering Limited, Pakistan

Total Project Price (USD)

29.898Million 29.898 million US Dollars (RS 2.930 billion @exchange rate 98 Rs/USD)

Debt Equity Ratio

80:20

Debt Amount USD

23.9184Million

Equity Amount USD

5.9796Million

Power Purchaser

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

Term of Project

30Years

Primary Fuel

Imported Coal/Bagasse

Fuel Supplier

RYK Mills Limited (RYKML)

EPC Contractor

Limited

Owner's Engineer

O&M Contractor: DESCON Power Solutions Limited

Annual Availability

45%

Annual Energy Yields

118,260GWh

 

 

 

Important Events

Submission of Proposal

24-SEP-2013

Issuance of LOI

27-NOV-2013

Tariff Determination

25-JUN-2014

Submission of PG@US$ 5000/MW

02-SEP-2014 September 02, 2014

Date of issuance of LOS

23-SEP-2014

Implementation Agreement

29-DEC-2014 IA: December 29, 2014

Power Purchase Agreement

10-OCT-2014 EPA

Achievement of Financial Close

14-SEP-2015

COD

24-MAR-2015