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

Hydro China Dawood Power (Pvt.) Limited

 Salient Features

 

 

Project Company

Hydro China Dawood Power (Pvt.) Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Hydrochina International Engineering Co Ltd.

Main Sponsor Shareholder

93.9%

Other Sponsors

Mr. Rafique Dawood

Other Sponsors Shareholder

6.1%

Lenders

Lenders (Foreign): Industrial & Commercial Bank of China

Province

Sindh

Location

Gharo, Sindh

Gross Capacity

49.5MW

Net Capacity

47.2MW

Configuration

33 x 1.5 MW (Ming Yang MY-1.5) WTG

Total Project Price (USD)

122.94Million

Debt Equity Ratio

75:25

Debt Amount USD

92.205Million

Equity Amount USD

30.735Million

Levelized Tariff

13.5244US c/kWh Reference Exchange Rate: 97.6 PKR/USD

Power Purchaser

National Transmission and Despatch Company (NTDC)

Term of Project

20Years

EPC Contractor

Harvey Energy (Pvt.) Limited

Owner's Engineer

Hydrochina Electric Power Operation and Technology Co Limited

Net Efficiency

32.7% Net Capacity Factor 32.7%

 Important Events

 

 

Issuance of LOI

09-OCT-2006

Tariff Determination

23-APR-2014

Date of issuance of LOS

25-MAY-2011

Implementation Agreement

12-NOV-2014 GOP Guarantee 27-March-2015 1ST IA Amendment 28-Jan-2015

Power Purchase Agreement

25-SEP-2014 EPA

Achievement of Financial Close

27-MAR-2015

COD

05-APR-2017