ISLAMABAD: The China Pakistan Economic Corridor (CPEC) has contributed300MW of clean wind energy to the national grid through its four earlyharvest wind power projects.
According to sources from embassy of China in Pakistan, the four windprojects that had been completed under CPEC and are connected with thenational grid include Dawood wind power project (50 MW), Sachal Energy windfarm (50MW), three gorges second wind farm project (100MW), and UEP windfarm project (100MW).
Dawood wind power project is a prioritized or early harvest project underCPEC, which installs 33 wind turbine generators with the capacity of 1.5MWper unit and total capacity is 49.5MW on 1,720 acres of land in the coastalarea of Gharo wind corridor in Bhanbore, District Thatta, Sindh.
This is a direct investment (FDI) project and total investment of Dawoodwind power project is US $115 million. The rate of equity to loan is 30percent:70 percent.
Dawood wind power project achieved Commercial Operation Date (COD) on April4, 2017 and annual electric power supply to the National Grid is more than130GWh, which is sufficient for daily use of 100,000 Pakistan families andis effectively easing the crisis of electricity shortage in Pakistan.
Sachal wind power project was completed in April 2017 at a cost of $110million. It is located in Jhimpir, Thatta district, Sindh province, about100km northeast of Karachi.
The total installed capacity of this project is 49.5MW, and 33 Gold windbrand wind turbine generators (WTGs) with a capacity of 1.5MW areinstalled. It is invested by Sachal Energy Development (private) Ltd., inwhich Arif Habib Corporation Limited holds 100 percent shares. HydroChinaInternational Engineering Co., Ltd. is the engineering procurementconstruction (EPC) contractor. The Industrial and Commercial Bank of China(ICBC) provided a loan. The debt and equity ratio is 85 percent:15 percent.
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Three Gorges second wind power project (2×50MW) is located at Jhimpir,Thatta district, Sindh province, 90KM west from Karachi. This is a foreigndirect investment (FDI) project, and is invested, developed and constructedby Three Gorges Second Wind Farm Pakistan Limited (TGS) and Three GorgesThird Wind Farm Pakistan Private Limited (TGT).
The total investment amount is $224 million on the basis ofBuild-Own-Operate (BOO), with a construction period of 18 months and anoperation period of 20 years. The total installation capacity is100MW,withan annual electricity output of 286.6 GWH. It was listed as activelypromoted project in the China-Pakistan Economic Corridor in August, 2014.
Pakistan Jhimpir UEP 100MW wind farm is located in Jhimpir, Thattadistrict, Sindh, 110km from Karachi. The total installed capacity is 100MWwith the supply of 66 sets of Wind Turbine Generators (WTGs) of 1.5MW perset. It also includes construction of a 132KV substation and a controlcenter.
This is a foreign direct investment (FDI) project. It is developed by UEPWind Power (Pvt.) Limited, a joint venture of Orient Group InvestmentHoldings Co., Ltd. (99%) and United Energy Group Co., Ltd. (1%). ChinaGezhouba Group Company Limited (CGGC) is the engineering, procurement,construction (EPC) contractor.
The commercial contract of this project was signed on September 11, 2015.China Development Bank provided financing of $252 million to the project,with the debt and equity ratio of 75 percent: 25 percent. The projectbecame operation in May 2017.
