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

Quaid-e-Azam Solar Power (Pvt.) Limited

 Salient Features

 

 

Project Company

Quaid-e-Azam Solar Power (Pvt.) Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Government of Punjab

Main Sponsor Shareholder

100%

Lenders

The Bank of Punjab, Lahore.

Province

Punjab

Location

QASP, Bahawalpur

Gross Capacity

100MW

Total Project Price (USD)

151.4314Million Exchange Rate (Rs. / USD) 101.700

Debt Equity Ratio

75:25

Levelized Tariff

14.9667US c/kWh

1-10 Years Tariff

18.7698US c/kWh

11-25 Years Tariff

6.9979US c/kWh

Power Purchaser

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

Term of Project

25Years

EPC Contractor

QASPPL

Net Efficiency

18.3%

 Important Events

 

 

Issuance of LOI

17-FEB-2014

Tariff Determination

19-MAR-2015 19-MAR-2015 (Original) 4-AUG-2015 (Revised) 2-JUN-2016 (COD Adjustment)

Date of issuance of LOS

17-JUN-2015 TLOS

Implementation Agreement

08-JUL-2015

Achievement of Financial Close

16-JUL-2014

COD

15-JUL-2015