|
Private Power & Infrastructure Board |
||
|
Foundation Wind Energy I (Pvt.) Limited |
||
|
Salient Features |
|
|
|
Project Company |
Foundation wind Energy I (Pvt.) Limited |
|
|
Policy |
RE Policy 2006 |
|
|
Category |
Commissioned |
|
|
Sub Category |
Other |
|
|
Main Sponsor |
Fauji Fertilizer Company Limited |
|
|
Main Sponsor Shareholder |
100% |
|
|
Lenders |
Lenders (Foreign): Asian Development Bank (ADB) Islamic Development Bank Lenders (Local): Musharaka Agent: NBP Musharaka Financer: NBP, UBL & FBL Project Monitoring Bank: FBL Intercreditor Agent: NBP Karachi Security Trustee: UBL Onshore Account Bank: NBP Islamabad Offshore Account Bank: NBP Frankfurt Branch |
|
|
Province |
Sindh |
|
|
Location |
Gharo , Sindh |
|
|
Gross Capacity |
50MW |
|
|
Net Capacity |
47.7MW |
|
|
Configuration |
20 x 2.5 MW (Nordex-N100) WTG |
|
|
Total Project Price (USD) |
125.889Million |
|
|
Debt Equity Ratio |
75:25 |
|
|
Debt Amount USD |
94.41675Million |
|
|
Equity Amount USD |
31.47225Million |
|
|
Levelized Tariff |
14.1359US c/kWh Reference Exchange Rate 86.2 PKR/USD |
|
|
Power Purchaser |
National Transmission and Despatch Company (NTDC) |
|
|
Term of Project |
20Years |
|
|
EPC Contractor |
(i) Nordex Pakistan (Pvt.) Ltd., Descon Energy Ltd. (ii) Nordex Singapore Equipment (Pvt.) Ltd. (iii) Descon Integrated Services (Pvt.) Ltd (iv) Descon Fze, UAE. |
|
|
Owner's Engineer |
Nordex Pakistan (Private) Limited, Descon Power Solutions (Private) Limited |
|
|
Annual Availability |
29.47% Plant Capacity Factor 29.47% |
|
|
Annual Energy Yields |
144.500GWh Annual Benchmark Energy Generation 144.500 GWh |
|
|
Important Events |
|
|
|
Issuance of LOI |
25-APR-2005 |
|
|
Tariff Determination |
16-MAR-2012 |
|
|
Date of issuance of LOS |
12-MAY-2012 |
|
|
Implementation Agreement |
18-DEC-2012 18-JUL-2013 |
|
|
Direct Implementation Agreement |
02-JAN-2013 |
|
|
Power Purchase Agreement |
20-DEC-2012 EPA |
|
|
Direct Power Purchase Agreement |
01-AUG-2013 Direct EPA |
|
|
Achievement of Financial Close |
18-JUL-2013 |
|
|
COD |
11-APR-2015 |
|