Wind Energy

Wind Energy

Introduction:

Sindh possesses considerable potential (50,000 MW) of electricity generation through wind energy in southern Sindh. The Gharo - Jhimpir wind corridor is 60 kms wide and 180 kms long with monthly average wind speeds exceeding 7-8 meters per second.

Renewable Energy Policy:

Some of the incentives provided for investors in the Renewable Energy Policy 2006 are listed below:

    • Specific purpose land available for the list of the project to eligible investors an extremely attractive annual rentals US$ 1 per sq yard/annum for direct impact area (foot prints)
    • Upfront tariff of 13.1998 cents / KWH for all those investors who are ready to complete projects in 18 month time (CoD)
    • Long term (20 year) throughput agreements with the Power Purchaser i.e. WAPDA backed by GOP through, Implementation Agreement & Sovereign Guarantee · Guaranteed purchase of all electricity produced by the project for the entire concession period (20 years).
    • Comprehensive coverage to investors against political risk and risk of change of Law through Force Majeure provisions
    • Guarantee of buy back of the facility in case of termination of the project
    • Wind data available from various sources accounts for 5 years, enabling a great degree of accuracy for the purpose of calculation of wind speed, direction, density, frequency, etc
    • Coverage of Wind Speed Risk (for those who does not opt for upfront tariff)
    • Comprehensive tariff regime on a cost plus basis
    • Fiscal incentives through a zero tax/duty regime. Only contribution to national exchequer would be through a 7.5% withholding tax on dividends declared across the life of the project
    • Guaranteed Attractive Return on Equity ("ROE") — 17% to 18% — offered under the NEPRA tariff guidelines
    • Certified Emission Reductions (CERs) available on a shared basis with the Government of Pakistan
    • Environmental issues facilitation by AEDB to investors including EIA and relevant Government permissions.

    On Going Projects

    With attractive incentive package announced by Government of Pakistan an upsurge in the interest of investors have been witnessed at present 26 projects with installed capacity of 1800 MW are in progress:

    Sr. No.

    Name of Company

    Size of land in Acres

    Project Capaicty

    01.

    China International Water and Electric Corp

    1150

    50 MW

    02.

    Sachal Engineering Works Pvt Ltd

    680

    50 MW

    03.

    Wind Eagle Ltd

    1382

    50 MW

    04.

    Al Abbas Steel Group

    2749

    50 MW

    05.

    Gul Ahmed Energy Ltd

    648

    50 MW

    06.

    Green Power (Pvt) Ltd

    1656

    50 MW

    07.

    Beacon Energy Ltd

    1460

    50 MW

    08.

    Master Wind Energy Ltd

    1408

    50 MW

    09.

    Zephyr Power Pvt Ltd

    2540

    50 MW

    10.

    Lucky Energy Pvt Ltd

    696

    50 MW

    11.

    Metro Power Co. (Pvt) Ltd

    1553

    50 MW

    12.

    Sapphire Wind Power Co.

    1372

    50 MW

    13.

    Tenage Generasi Ltd

    4881

    50 MW

    14.

    Dawood Power Ltd

    1720

    50 MW

    15.

    Zorlu Energy Pakistan Ltd

    1148

    50 MW

    16.

    Fauji Foundation Company Ltd

    1283

    50 MW

    17.

    Iran Pak Wind Power Pvt Ltd

    1250

    50 MW

    18.

    HAWA Energy Pvt Ltd

    1250

    50 MW

    19.

    Deewan Energy Group

    1250

    50 MW

    20.

    Tricon Boston

     

    150 MW

    21.

    Titan Energy Pakistan Pvt Ltd

    68-02

    10 MW

    22.

    Tapal Wind Energy

    66-00

    10 MW

    23.

    Ismail Power Pvt Ltd

    69-00

    10 MW

    24.

    Akhtar & Sons Group

    62-34

    10 MW

    25.

    Fina Energy Ltd

    424-00

    50 MW

    26.

    China Sunec Energy Pvt Ltd

    18-33

    2.4 MW

    27.

    Hartford Alternative Energy Pvt Ltd

    320-00

    50 MW

    28.

    Pakistan Wind Energy Ltd

    46-05

    5 MW

    29.

    NBT Wind Power PvtLtd

    1209-0

    500 MW

    30.

    United Energy Pakistan

    3200-0

    150 MW

    Land Allotment cases pending with Land Utilization Department

    S. No

    Name of Company

    Required land in Acres

    Project Capacity

    01

    Sindh Renewable Energy Company

    1000

    100 MW

    02

    Hydro China XIBEI Engineering Corporation

    1000

    100 MW

    03

    Koonj

    150

    30 MW

    04

    Tawa

    100

    20 MW

    05

    United Energy Pakistan (Pvt) Ltd

    1000

    150 MW

     

    Joint Venture on Wind Energy Projects

    To take the technology handle on Energy Projects, Government of Sindh intends to partner with International firms for establishment of at least 500 MWs wind power project. Government of Sindh will inject land as an equity share and also some seed amount and will also stand guarantee for administration and logistic support at provincial as well as federal level.

    Relevant Documents

    Documents
    Download
    Statement of Condition
    Registration form
    Renewable Energy Policy
    Registration form
    Provisional Allotment of Land, letter Draft
    Registration form