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

Sachal Energy Development (Pvt.) Limited

 Salient Features

 

 

Project Company

Sachal Energy Development (Pvt.) Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Arif Habib Corporation Limited

Main Sponsor Shareholder

85.8%

Other Sponsors

Mr. Kashif Mateen Ansari

Other Sponsors Shareholder

14.2%

Lenders

Lenders (Foreign), Industrial and Commercial Bank of China, Beijing Lenders (Local) Did not opt signing DIA

Province

Sindh

Location

Gharo,Sindh

Gross Capacity

49.5MW

Net Capacity

43.09MW

Configuration

33 x 1.5 MW (Gold Wind- GW 77) WTG

Total Project Price (USD)

133.918Million

Debt Equity Ratio

80.20

Debt Amount USD

107.1344Million

Equity Amount USD

26.7836Million

Levelized Tariff

14.8618US c/kWh US Cents 14.8618 (at COD 13.7091) Reference Exchange Rates 90 PKR/USD

Power Purchaser

National Transmission and Despatch Company (NTDC)

Term of Project

20Years

EPC Contractor

Hydrochina International Engineering Company Limited Pakistan

Owner's Engineer

Goldwind Pakistan (Private) Limited

Net Efficiency

31.5% Net Capacity Factor 31.5%

 Important Events

 

 

Issuance of LOI

15-SEP-2005

Tariff Determination

03-JAN-2013

Date of issuance of LOS

20-MAR-2013

Implementaion Agreement

11-AUG-2014 GOP Guarantee 17-Dec-2015

Power Purchase Agreement

27-FEB-2014 EPA

Achievement of Financial Close

17-DEC-2015

COD

18-APR-2017