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

Yunus Energy Limited

 Salient Features

 

 

Project Company

Yunus Energy Limited

Policy

RE Policy 2006

Category

Commissioned

Sub Category

Other

Main Sponsor

Lucky Energy (Pvt.) Limited

Main Sponsor Shareholder

20%

Other Sponsors

Yunus Textile Mills Limited, Lucky Cement Limited, Gadoon Textile Mills Limited, Lucky Energy (Pvt.) Limited.

Other Sponsors Shareholder

80% 20%, 20%, 20%, 20%,

Lenders

Lenders (Local): HBL, UBL, ABL, Bank Al-Habib, FBL, The Bank of Punjab & Soneri Bank Ltd.

Province

Sindh

Location

Jhimpir District Thattha , Sindh

Gross Capacity

50MW

Net Capacity

47.7MW

Configuration

20 x 2.5 MW (Nordex-N100) WTG

Total Project Price (USD)

131.04Million

Debt Equity Ratio

75:25

Debt Amount USD

98.28Million

Equity Amount USD

32.76Million

Power Purchaser

National Transmission and Despatch Company (NTDC)

Term of Project

20Years

EPC Contractor

Descon Engineering Limited & Nordex GmbH Germany

Owner's Engineer

Nordex Pakistan, Descon Engineering

Net Efficiency

31.7% Net Capacity Factor 31.7%

 Important Events

 

 

Issuance of LOI

06-MAY-2006

Tariff Determination

21-NOV-2013

Date of issuance of LOS

24-OCT-2012

Implementation Agreement

16-APR-2014 GOP Guarantee 09-FEB-2015

Direct Implementation Agreement

29-JAN-2015

Power Purchase Agreement

26-MAR-2014 EPA

Achievement of Financial Close

09-FEB-2015

COD

16-SEP-2016