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

Liberty Wind Power 1 (Pvt.) Limited

 Salient Features

 

 

Project Company

Liberty Wind Power 1 (Pvt.) Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Liberty Mills Limited

Main Sponsor Shareholder

100%

Lenders

Lenders (Foreign): CDC Group PLC, UK Lenders (Local): Original PKR Financers: Bank of Punjab Original Islamic Financer: FBL & ABL Rupee Facility Agent: FBL Islamic Facility Agent: FBL Facility Agent: FBL Onffshore Account Bank: United National Bak Ltd. Onshore Account Bank: FBL Onshore Security Trustee: FBL Offshore Security Trustee: UBL

Province

Sindh

Location

Sindh

Gross Capacity

50MW

Net Capacity

47.7MW

Configuration

25 x 2.0 MW (Gamesa G-114) WTG

Total Project Price (USD)

63.906Million

Debt Equity Ratio

80:20

Debt Amount USD

51.1248Million

Equity Amount USD

12.7812Million

Levelized Tariff

4.7824US c/kWh Reference Exchange Rate 120 PKR/USD

Power Purchaser

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

Term of Project

25Years

EPC Contractor

Power China huadong

Owner's Engineer

Hydrochina International Engineering Company Limited

Annual Availability

38% Net Capacity Factor 38%

 Important Events

 

 

Issuance of LOI

28-AUG-2015

Tariff Determination

19-NOV-2018

Date of issuance of LOS

08-NOV-2019

Implementation Agreement

12-NOV-2019 Gop Guarantee 18-NOV-2019

Direct Implementation Agreement

15-NOV-2019

Power Purchase Agreement

11-NOV-2019

Direct Power Purchase Agreement

14-NOV-2019

Achievement of Financial Close

08-NOV-2019

COD

09-APR-2022