|
Private Power & Infrastructure
Board |
||
|
1320 MW Thar Coal Power Project by Shanghai Electric |
||
|
Salient Features |
|
|
|
Project Company |
Thar Coal Block-I Power Generation Co. Ltd. |
|
|
Sub Category |
CPEC |
|
|
Main Sponsor |
Shanghai Electric (Group) Corporation |
|
|
Province |
Sindh |
|
|
Location |
Thar Block-I Sindh |
|
|
Gross Capacity |
1320MW 660 X 2 |
|
|
Net Capacity |
1214MW 607 X 2 |
|
|
Configuration |
660 X 2 |
|
|
Total Project Price (USD) |
1912.2Million |
|
|
Debt Amount USD |
1434.15Million |
|
|
Levelized Tariff |
8.3341US c/kWh |
|
|
Power Purchaser |
CPPA-GL |
|
|
Term of Project |
30Years |
|
|
Primary Fuel |
Thar Coal |
|
|
Fuel Supplier |
Sino-Sindh Resources Ltd. |
|
|
Important Events |
|
|
|
Issuance of LOI |
21-AUG-2015 |
|
|
LOI Extension 1 |
01-MAR-2016 |
|
|
Generation License Application |
29-DEC-2016 |
|
|
Tariff Determination |
10-JUN-2016 |
|
|
Date of issuance of LOS |
20-JUL-2016 |
|
|
LOS Extension 1 |
16-SEP-2017 |
|
|
LOS Extension 2 |
12-JAN-2018 PPIB Board has approved a third amendment to the LOS with FC date till 20-OCT-2018 |
|
|
LOS Extension 3 |
17-Aug-2018 |
|
|
LOS Extension 4 |
22-Feb-2019 |
|
|
LOS Extension 5 |
10-July-2019 |
|
|
LOS Extension 6 |
10-Dec-2019 |
|
|
LOS Extension 7 |
19-Mar-2020 |
|
|
LOS Extension 8 |
10-July-2020 |
|
|
LOS Extension 9 |
24-Feb-2021 |
|
|
LOS Extension 10 |
24-Aug-2021 |
|
|
Achievement of Financial Close |
31-Dec-2021 |
|
|
Expected COD |
31-May-2022 |
|
|
|
COD |
05-Feb-2023 |