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Private Power & Infrastructure
Board |
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330MW Thar Lignite Coal Based Power Project by ThalNova Power Thar(Private) Ltd |
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Salient Features |
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Project Company |
Thal Nova Power Thar (Pvt.) Limited |
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Sub Category |
CPEC |
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Main Sponsor |
Thal Power Private Limited |
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Other Sponsors |
Novatex Limited & Descon Engineerring Limited |
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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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Net Capacity |
300.30MW |
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Technology |
Sub-Critical System Turbines |
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Configuration |
1 X 330 |
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Total Project Price (USD) |
497.7Million |
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Debt Amount USD |
373.27Million |
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Equity Amount USD |
124.43Million |
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Levelized Tariff |
8.5015US c/kWh |
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Levelized CPP |
6.3750US c/kWh |
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Levelized EPP |
2.1265US c/kWh |
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1-10 Years Tariff |
9.8574US c/kWh |
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11-30 Years Tariff |
6.2903US c/kWh |
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Power Purchaser |
CPPA-GL |
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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 |
24-JAN-2017 |
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Tariff Determination |
18-OCT-2016 |
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Date of issuance of LOS |
08-DEC-2016 |
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LOS Extension 1 |
02-AUG-2017 |
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LOS Extension 2 |
20-Jun-2018 |
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LOS Extension 3 |
14-Dec-2018 |
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LOS Extension 4 |
31-Oct-2019 |
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LOS Extension 5 |
06-Feb-2020 |
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LOS Extension 6 |
28-July-2020 |
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Implementation Agreement |
24-NOV-2017 |
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Power Purchase Agreement |
21-JULY-2017 |
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Fuel Supply Agreement |
13-MAY-2017 |
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Achievement of Financial Close |
30-September-2020 |
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Expected COD |
31-MAR-2021 |
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COD |
17-FEB-2023 |