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

UEP Wind Power (Pvt.) Limited

 Salient Features

 

 

Project Company

UEP Wind Power (Pvt.) Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Super Success Investments Limited

Main Sponsor Shareholder

100%

Lenders

Lenders (Foreign): China Development Bank

Province

Sindh

Location

Jhimpir, Thatta, Sindh

Gross Capacity

99MW

Net Capacity

96.68MW

Configuration

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

Total Project Price (USD)

243.42Million

Debt Equity Ratio

75:25

Debt Amount USD

182.565Million

Equity Amount USD

60.855Million

Levelized Tariff

13.5244US c/kWh Reference Exchange Rates 97.6 PKR/USD

Power Purchaser

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

Term of Project

20Years

EPC Contractor

China Ghazouba Group Company

Owner's Engineer

Goldwind Pakistan (Private) Limited

Net Efficiency

31% Net Capacity Factor 31%

 Important Events

 

 

Issuance of LOI

15-NOV-2011

Tariff Determination

13-DEC-2013

Date of issuance of LOS

05-MAR-2014

Implementation Agreement

06-FEB-2015 GOP Guarantee: 30-MAR-2015 1st IA Amendment: 01-JUN-2017

Power Purchase Agreement

20-DEC-2014 EPA EPA Amendment 23-MAY-2017 Supplemental Agreement 12-Jan-2018

Achievement of Financial Close

17-DEC-2015

COD

16-JUN-2017