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

Hawa Energy (Pvt.) Limited

 Salient Features

 

 

Project Company

Hawa Energy (Pvt.) Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Hawa Holding Limited

Main Sponsor Shareholder

100%

Lenders

Lenders (Foreign): Overseas Private Investment Corporation, an agency of the United States of America

Province

Sindh

Location

Jhimpir, Thatta, Sindh

Gross Capacity

49.6MW

Net Capacity

47.7MW

Technology

Bipole HVDC Transmission Line Wind

Configuration

29 x 1.7 MW (GE 1.7-103.5) WTG

Total Project Price (USD)

107.32Million

Debt Equity Ratio

75:25

Debt Amount USD

80.49Million

Equity Amount USD

26.83Million

Levelized Tariff

13.5244US c/kWh Exchange Rate: 101.5 PKR/USD

Power Purchaser

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

Term of Project

25Years

EPC Contractor

Huadong Engineering Corporation (HDEC)

Owner's Engineer

General Electric International Inc.

Net Efficiency

31% Net Capacity Factor 31%

 Important Events

 

 

Issuance of LOI

06-FEB-2012

Tariff Determination

20-JUN-2015

Date of issuance of LOS

19-NOV-2014

Implementation Agreement

02-AUG-2016 GOP Guarantee 08-Aug-2016 1st IA Amendment 27-DEC-2016

Direct Implementation Agreement

02-AUG-2016

Power Purchase Agreement

10-MAR-2015 EPA

Direct Power Purchase Agreement

28-JUL-2016 Direct EPA

Achievement of Financial Close

08-AUG-2016

COD

15-MAR-2015