PORT QASIM COAL POWER PROJECT |
Salient Features |
Project Company |
Port Qasim Electric Power Company (Private) Limited |
Sub Category |
CPEC |
Main Sponsor |
Sinohydro Resources Ltd. China |
Other Sponsors |
Al Mirqab Capital, Qatar |
Location |
Port Qasim, Karachi |
Gross Capacity |
1320MW |
Net Capacity |
1214MW |
Configration |
2 x 660 MW |
Technology |
Steam Turbines |
Total Project Price(USD) |
1912.2Million |
Power Purchaser |
Central Power Purchasing Agency (Guarantee) Limited (CPPA-GL) |
Term of Project |
30Years |
Primary Fuel |
Imported Coal |
Important Events |
Submission of Proposal |
27th January 2014 |
Notice to Proceed |
6th March 2014 & 15th May 2014 |
Issuance of LOI |
21-MAY-2014 |
Generation License Application |
03-FEB-2015 |
Tariff Determination |
13-FEB-2015 |
Date of issuance of LOS |
17-APR-2015 |
Implementaion Agreement |
18-APR-2015 |
Power Purchase Agreement |
18-APR-2015 |
Achievement of Financial Close |
22-DEC-2015 |
COD |
25-April-2018 |