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Private Power & Infrastructure
Board |
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Suki Kinari Hydropower Project |
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Salient Features |
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Project Company |
SK Hydro Limited |
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Policy |
Power Policy 2002 |
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Category |
In Progress |
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Sub Category |
CPEC |
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Main Sponsor |
China Gezhouba Group Company |
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Main Sponsor Shareholder |
98% |
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Other Sponsors |
Mr. Haseeb Khan |
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Other Sponsors Shareholder |
2% |
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Lenders |
i) Export & Import Bank of China ii) Industrial & Commercial Bank of China |
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Province |
Khyber Pakhtunkhwa |
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Location |
District Mansehra, KPK |
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River |
Kunhar |
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Gross Capacity |
884MW |
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Net Capacity |
861MW |
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Technology |
Hydro Electric |
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Configuration |
217.5625 MW x 4 Pelton Turbines |
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Total Project Price (USD) |
1707.4Million |
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Debt Equity Ratio |
75:25 |
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Debt Amount USD |
1280.28Million |
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Equity Amount USD |
426.76Million |
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Levelized Tariff |
8.8145US c/kWh |
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Levelized CPP |
8.5034US c/kWh |
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Levelized EPP |
0.3111US c/kWh |
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1-12 Years Tariff |
10.0679US c/kWh |
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13-30 Years Tariff |
5.5467US c/kWh |
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Power Purchaser |
CPPAG (NTDCL) |
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Term of Project |
30Years |
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EPC Contractor |
China Gezhouba Group Company |
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Owner's Engineer |
A Joint Venture (MYM-JV) Comprising of Mott MacDonald LTD, MM Pakistan (PVT) LTD and Yellow River Engineering Consulting Co, LTD |
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Annual Availability |
40.41% |
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Annual Energy Yields |
3048GWh |
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Important Events |
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Submission of Proposal |
01-JUN-2015 |
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Issuance of Notice to Proceed |
31-DEC-2016 |
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Submission of PG@US$ 1000/MW |
2-JUN-2011 |
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PG Validity |
15-MAY-2013 |
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Issuance of LOI |
16-NOV-2005 |
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Generation License Application |
27-MAY-2009 |
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Tariff Determination |
28-MAR-2014 |
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Submission of PG@US$ 5000/MW |
16-FEB-2016 |
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Date of issuance of LOS |
16-JUL-2011 Extension of LOS 22nd March 2016 |
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Implementation Agreement |
11-APR-2014 |
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Direct Implementation Agreement |
28-DEC-2016 |
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Power Purchase Agreement |
03-OCT-2014 |
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Water Use Agreement |
31-OCT-2011 |
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EPC Contract |
04-DEC-2013 |
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Financing Documents |
21-NOV-2016 |
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Achievement of Financial Close |
31-DEC-2016 |
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RCOD |
31-DEC-2022 |
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Expected COD |
30-NOV-2024 |
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