|
Private Power & Infrastructure Board |
||
|
Master Wind Energy (Pvt.) Limited |
||
|
Salient Features |
|
|
|
Project Company |
Master Wind Energy (Pvt.) Limited |
|
|
Policy |
RE Policy 2006 |
|
|
Category |
Commissioned |
|
|
Sub Category |
Other |
|
|
Main Sponsor |
Nadeem Malik |
|
|
Main Sponsor Shareholder |
23.3% |
|
|
Other Sponsors |
Najeeb Malik, Shahzad Malik, NM Holding (Pvt.) Limited, Najeeb Holding (Pvt.) Limited, Master Textiles Mills Limited, Procon Engineering (Pvt.) Limited. |
|
|
Other Sponsors Shareholder |
77.7% 6%, 7%, 16.3%, 17.3%, 15%, 15%, |
|
|
Lenders |
Lenders (Foreign): Overseas Private Investment Corporation, an agency of the United States of America. Lenders (Local): Meezan Bank Ltd. Bank Al-Habib Ltd, The Bank of Punjab & Habib Metropolitan Bank Ltd. |
|
|
Province |
Sindh |
|
|
Location |
Jhimpir District Thattha , Sindh |
|
|
Gross Capacity |
49.5MW |
|
|
Net Capacity |
47.7MW |
|
|
Configuration |
33 x 1.6 MW (GE 1.6-82.5) WTG |
|
|
Total Project Price (USD) |
126.99Million |
|
|
Debt Equity Ratio |
75:25 |
|
|
Debt Amount USD |
95.2425Million |
|
|
Equity Amount USD |
31.7475Million |
|
|
Levelized Tariff |
15.1088US c/kWh Reference Exchange Rates 97.6 PKR/USD |
|
|
Power Purchaser |
National Transmission and Despatch Company (NTDC) |
|
|
Term of Project |
20Years |
|
|
EPC Contractor |
Zhenjiang Engineering Science & Technology Development Co. Ltd. |
|
|
Owner's Engineer |
General Electric International Inc |
|
|
Net Efficiency |
32.8% Net Capacity Factor 32.8% |
|
|
Important Events |
|
|
|
Issuance of LOI |
26-JAN-2005 |
|
|
Tariff Determination |
23-APR-2014 |
|
|
Date of issuance of LOS |
08-AUG-2012 |
|
|
Implementation Agreement |
12-JAN-2015 GOP Guarantee 27-March 2015 |
|
|
Direct Implementation Agreement |
20-MAR-2015 |
|
|
Power Purchase Agreement |
16-JAN-2019 EPA |
|
|
Direct Power Purchase Agreement |
19-MAR-2015 Direct EPA |
|
|
Expected Financial Close |
09-FEB-2015 |
|
|
COD |
14-OCT-2016 |
|