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Private Power & Infrastructure
Board |
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330MW Thar Lignite Coal Based Power Project by Hub Power Holdings Ltd |
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Salient Features |
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Project Company |
Thar Energy Limited |
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Sub Category |
CPEC |
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Main Sponsor |
Hub Power Company Limited |
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Lenders |
HBL, CDB, BAFL |
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Province |
Sindh |
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Location |
Thar Block - II, Sindh |
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Gross Capacity |
330MW |
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Technology |
Sub-Critical Steam Turbine |
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Configuration |
1X330 |
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Total Project Price (USD) |
497.7Million |
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Debt Amount USD |
373.275Million |
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Equity Amount USD |
124.425Million |
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Levelized Tariff |
8.5015US c/kWh |
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Power Purchaser |
Central Power Purchasing Agency (Guarantee) Limited |
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Term of Project |
30Years |
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Primary Fuel |
Thar Coal |
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Fuel Supplier |
SECMC |
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Important Events |
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Issuance of LOI |
02-AUG-2016 |
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Generation License Application |
07-JUN-2017 |
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Tariff Determination |
18-OCT-2016 |
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Date of issuance of LOS |
09-DEC-2016 |
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LOS Extension 1 |
11-SEP-2017 |
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LOS Extension 2 |
21-JUNE-2018 |
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LOS Extension 3 |
17-Dec-2018 |
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LOS Extension 4 |
27-May-2019 |
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LOS Extension 5 |
31-Oct-2019 |
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Implementation Agreement |
10-NOV-2017 |
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Achievement of Financial Close |
30-Jan-2020 |
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RCOD |
31-MAR-2021 |
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Expected COD |
31-MAR-2021 |
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COD |
31-MAR-2021 |
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