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Private Power & Infrastructure Board |
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Hydro China Dawood Power (Pvt.) Limited |
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Salient Features |
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Project Company |
Hydro China Dawood Power (Pvt.) 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 |
Hydrochina International Engineering Co Ltd. |
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Main Sponsor Shareholder |
93.9% |
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Other Sponsors |
Mr. Rafique Dawood |
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Other Sponsors Shareholder |
6.1% |
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Lenders |
Lenders (Foreign): Industrial & Commercial Bank of China |
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Province |
Sindh |
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Location |
Gharo, Sindh |
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Gross Capacity |
49.5MW |
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Net Capacity |
47.2MW |
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Configuration |
33 x 1.5 MW (Ming Yang MY-1.5) WTG |
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Total Project Price (USD) |
122.94Million |
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Debt Equity Ratio |
75:25 |
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Debt Amount USD |
92.205Million |
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Equity Amount USD |
30.735Million |
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Levelized Tariff |
13.5244US c/kWh Reference Exchange Rate: 97.6 PKR/USD |
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Power Purchaser |
National Transmission and Despatch Company (NTDC) |
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Term of Project |
20Years |
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EPC Contractor |
Harvey Energy (Pvt.) Limited |
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Owner's Engineer |
Hydrochina Electric Power Operation and Technology Co Limited |
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Net Efficiency |
32.7% Net Capacity Factor 32.7% |
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Important Events |
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Issuance of LOI |
09-OCT-2006 |
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Tariff Determination |
23-APR-2014 |
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Date of issuance of LOS |
25-MAY-2011 |
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Implementation Agreement |
12-NOV-2014 GOP Guarantee 27-March-2015 1ST IA Amendment 28-Jan-2015 |
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Power Purchase Agreement |
25-SEP-2014 EPA |
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Achievement of Financial Close |
27-MAR-2015 |
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COD |
05-APR-2017 |
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