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Private Power & Infrastructure Board |
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Best Green Energy Pakistan Limited |
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Salient Features |
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Project Company |
Best Green Energy Pakistan Limited |
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Policy |
RE Policy 2006 |
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Category |
Commissioned |
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Sub Category |
Other |
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Main Sponsor |
Best Green Energy Limited |
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Main Sponsor Shareholder |
99.97% |
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Other Sponsors |
Jun Guo, Yuan Li, Jian Jia. |
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Other Sponsors Shareholder |
0.03% Jun Guo 0.01% Yuan Li 0.01% Jian Jia 0.01% |
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Lenders |
i. Export Import Bank of China ii. Bank of Jiangsu Co Limited |
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Province |
Punjab |
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Location |
QASP, Bahawalpur |
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Gross Capacity |
100MW |
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Total Project Price (USD) |
151.4314Million |
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Debt Equity Ratio |
75:25 |
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Levelized Tariff |
13.0140US c/kWh |
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1-10 Years Tariff |
16.5158US c/kWh 16.5158 US Cents / kWh (Year-1) 16.0793 US Cents / kWh (Year-10) Decreasing gradually each year from year 1-year 10 |
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11-25 Years Tariff |
6.0270US c/kWh |
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Power Purchaser |
Central Power Purchasing Agency (Guarantee) Limited (CPPA-GL) |
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EPC Contractor |
China First Metallurgical Group Company Limited |
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Owner's Engineer |
Zonergy |
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Net Efficiency |
17.99% |
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Important Events |
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Issuance of LOI |
27-MAY-2015 |
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Tariff Determination |
26-MAY-2015 26-MAY-2015 (Original) 21-OCT-2015 (Revised) 16-NOV-2017 (COD Adjustment) |
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Date of issuance of LOS |
16-JUN-2015 TLOS |
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Implementation Agreement |
26-JUN-2015 |
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Direct Implementation Agreement |
23-DEC-2015 |
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Power Purchase Agreement |
26-JUN-2015 |
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Direct Power Purchase Agreement |
26-DEC-2015 |
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Achievement of Financial Close |
28-DEC-2015 |
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COD |
31-JUL-2016 |
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