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Private Power & Infrastructure Board |
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ACT Wind (Pvt.) Limited (formerly Tapal) Wind Project |
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Salient Features |
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Project Company |
ACT Wind (Pvt.) Limited (formerly Tapal) |
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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 |
Maqsood Ismail |
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Main Sponsor Shareholder |
20% |
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Other Sponsors |
Adnan Tapal Daanish Tapal Muhammad Ahmed Muhammad Asad Iqbal Perwaiz Akhtar Javed Akhtar Mansoor Akhtar Jahangir Akhtar Khurshid Akhtar Abdullah Akhtar Farooq Javed Zeeshan Mansoor Zain Mansoor Muhammad Nadeem Moonnoo Sulaiman Sadiq Monnoo Khurran sadiq Monno Muhammad Sadiq Sanjrani |
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Other Sponsors Shareholder |
80% 16.7%, 8.3%, 8.3%, 13.1%, 0.1%, 0.1%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 2.8%, 0.3%, |
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Lenders |
Lenders (Local): Intercreditor Agent: NBP Commercial Lender: NBP, HBL, Askari Bank Ltd. Habib Metropolitan Bank Ltd. and Pak Brunei Investment Company Limited Mushrakah Participant: Meezan Bank Ltd. Summit Bank Ltd. and Pak China Investment Company Ltd. |
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Province |
Sindh |
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Location |
Jhimpir District Thattha , Sindh |
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Gross Capacity |
30MW |
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Net Capacity |
28.06MW |
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Configuration |
20 x 1.5 MW (GoldWind- GW 82) WTG |
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Total Project Price (USD) |
82.08Million |
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Debt Equity Ratio |
75:25 |
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Debt Amount USD |
61.56Million |
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Equity Amount USD |
20.52Million |
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1-10 Years Tariff |
19.7344US c/kWh |
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11-25 Years Tariff |
7.3653US c/kWh |
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Power Purchaser |
Central Power Purchasing Agency (Guarantee) Limited (CPPA-GL) |
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Term of Project |
20Years |
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EPC Contractor |
Hydrochina International Engineering Company Limited |
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Owner's Engineer |
Hydrochina International Engineering Company Limited |
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Net Efficiency |
37.5% Net Capacity Factor 37.5% |
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Important Events |
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Issuance of LOI |
04-APR-2013 |
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Tariff Determination |
24-APR-2013 |
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Date of issuance of LOS |
24-May-2014 |
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Implementation Agreement |
03-Mar-2015 GOP Guarantee 27-March-2015 1st IA Amendment 05-Aug-2016 2nd IA Amendment 12-Feb-2021 |
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Direct Implementation Agreement |
20-Mar-2015 |
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Power Purchase Agreement |
19-MAR-2015 EPA |
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Achievement of Financial Close |
27-MAR-2015 |
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COD |
07-OCT-2016 |
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