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

Three Gorges Third Wind Farm Pakistan (Pvt.) Limited

 Salient Features

 

 

Project Company

Three Gorges Third Wind Farm Pakistan (Pvt.) Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

China Three Gorges South Asia Investment Limited

Main Sponsor Shareholder

100%

Lenders

Lenders (Foreign): China Development Bank

Province

Sindh

Location

Jhimpir, Thatta, Sindh

Gross Capacity

49.5MW

Net Capacity

48.34MW

Configuration

33 x 1.5 MW (GoldWind- GW 82) WTG

Total Project Price (USD)

106.25Million

Debt Equity Ratio

75:25

Debt Amount USD

79.6875Million

Equity Amount USD

26.5625Million

Levelized Tariff

10.4481US c/kWh Reference Exchange Rate 101.5 PKR/USD

Power Purchaser

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

Term of Project

20Years

EPC Contractor

shanghai Investigation Design and Research Institute Co. Ltd

Owner's Engineer

China Three Gorges Power Operations International Co., Ltd. (CTGO)

Net Efficiency

35% Net Capacity Factor

 Important Events

 

 

Issuance of LOI

05-OCT-2006

Tariff Determination

01-APR-2016

Date of issuance of LOS

01-AUG-2016

Implementation Agreement

23-DEC-2016 (GOP) Guarantee 17-MAR-2017

Direct Implementation Agreement

16-MAR-2017

Power Purchase Agreement

15-DEC-2016 EPA

Direct Power Purchase Agreement

08-MAR-2017 Direct EPA

Achievement of Financial Close

17-MAR-2017

COD

09-JUL-2018