Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh Article-1 Definitions 1.1 In this Licence (a) "Act" means the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 (XL of 1997); (b) "Authority" means the National Electric Power Regulatory Authority constituted under Section 3 of the Act; (c) "Licensee" means Aauagen (Pvt.) Limited; (d) "Power Purchaser" means a bulk power consumer [i.e. PNS KARSAZ/PAKISTAN NAVY (PN)] purchasing electricity from the Licensee, pursuant to a power purchase agreement; (e) "Rules" mean the National Electric Power Regulatory Authority Licensing (Generation) Rules, 2000. 1.2 Words and expressions used but not defined herein bear the meaning given thereto in the Act or in the Rules. Article-2 Application of Rules This Licence is issued subject to the provisions of the Rules, as amended from time to time. Article-3 Generation Facilities 3.1 The location, size (capacity in MW), technology, interconnection arrangements, technical limits, technical specifications and other details Page 2 of 5 Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh specific to the power generation facilities of the Licensee are set out in Schedule-I to this Licence. 3.2 The net capacity of the generation facilities of the Licensee is set out in Schedule-II hereto. Article-4 Term of Licence 4.1 This Licence is granted for a term of eleven (11) years from the date of its issuance. 4.2 Unless suspended or revoked earlier, the Licensee may within ninety (90) days prior to the expiry of the term of the Licence, apply for renewal of the Licence under the Licensing (Application and Modification Procedures) Regulation, 1999 as amended or replaced from time to time. Article-5 Licence Fee After the grant of the Generation Licence, the Licensee shall pay to the Authority the Licence Fee, in the amount and manner and at the time set out in the National Electric Power Regulatory Authority (Fees) Rules, 2002. Article-6 Tariff The Licensee shall charge only such tariff which has been approved, determined, adjusted or specified by the Authority. Article-7 Generating Capacity Reserve Requirements The Licensee shall comply with the minimum and maximum generation capacity requirements as stipulated and agreed in the Po er Purchase Agreement signed between the Licensee an. ri'd' - "urchaser. ' _1 4 REGISTRAR Page 3 of 5 Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh Article-8 Competitive Trading Arrangement 8.1 The Licensee shall participate in such measure as may be directed by the Authority from time to time for development of a Competitive Trading Arrangement. The Licensee shall in good faith work towards implementation and operation of the aforesaid Competitive Trading Arrangement in the manner and time period specified by the Authority. Provided that any such participation shall be subject to any contract entered into between the Licensee and another party with the approval of the Authority. 8.2 Any variation or modification in the above-mentioned contracts for allowing the parties thereto to participate wholly or partially in the Competitive Trading Arrangement shall be subject to mutual agreement of the parties thereto and such terms and conditions as may be approved by the Authority. Article-9 Maintenance of Record 9.1 As required under sub-rule (1) of Rule 19 of the Rules, the Licensee shall keep complete and accurate record and data in respect of all aspects of the generation business and the second-tier supply business, in their original as well as in electronic form. Such record, subject to just claims of confidentiality, be accessible by authorized officers of the Authority. 9.2 Unless provided otherwise, all record and data shall be maintained for a period of five (5) years. The Licensee shall not destroy or dispose off any such record or datafter t the aforesaid period without thirty days prior written notice to the Authority. NEPRN Page 4 of 5 Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh Article-10 Compliance with Performance Standards The Licensee shall comply with the relevant provisions of National Electric Power Regulatory Authority Performance Standards (Generation) Rules, 2009 as amended or replaced from time to time. Article-11 Compliance with Environmental Standards The Licensee shall comply with the environmental standards as may be prescribed by the relevant competent authority from time to time. Article-12 Provision of Information 12.1 The obligation of the Licensee to provide information to the Authority shall be in accordance with Section 44 of the Act. 12.2 The Licensee shall be subject to such penalties as may be specified in the relevant rules made by the Authority for failure to furnish such information as may be required from time to time by the Authority and which is or ought to be or has been in the control or possession of the Licensee. Article-13 Restriction for the Generation Facility 13.1 The generation facility of the Licensee as detailed in Schedule-I shall be operated and utilized solely for the supplying power to PNS KARSAZ/PAKISTAN NAVY (PN) for its installations for defence purpose. 1 13.2 No part of the generation facility of the Licensee will be utilize for any commercial activity in the vicinity PNS KARSAZ/PAKISTAN NAVY (PN). Page 5 of 5 Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh SCHEDULE-I The Location, Size (i.e. Capacity in MW), Type of Technology, Interconnection Arrangements, Technical Limits, Technical/Functional Specifications and other details specific to the Generation acilities of the Licensee are described in this Schedule. Page 1 of 10 of Schedule -1 Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh PROPOSED ELECTRICAL MD Plant Layout & Single Line Diagram of Electrical System . • 0 • I I HU I I -1 I1 a — I I, iii 1 I I i I r i • ii- I!: I Ni1111 I i 1 I _N—.._1. Iii 1 i1 _ iiit — — itI i M/s Aquagen (Private) United r 1 I- \. N.. was li Dot: - Ins : - 5 I .. .. i * OrientEnergy Systems (PvL)Ltd ! D 12 2 / di . q 1 1 , ......_.. \ __, 4 I 4 J 2 IN 2 i 3 i1i _ 1 si Z I u- 3 3 3 Page 4 of 10 of Schedule -I Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh INTERCONNECTION/TRANSMISSION ARRANGEMENT FOR THE DISPERSAL OF POWER FROM THE POWER PLANT The Power generated by Aquagen (Private) Limited (APL) from its proposed Natural Gas operated Thermal Generation facility shall be dispersed to PNS Karsaz/Pakistan Navy (PN), Karachi directly. The Interconnection/Transmission Arrangement for the above mentioned facilities will be at 11 KV voltage; connecting the generation facility of APL to 11- KV Sub-Station through one double circuit 11 KV underground Feeder. The final Interconnection and Transmission Arrangement(s), for the dispersal of power, as agreed byl APL and PNS Karsaz/PN shall be communicated to NEPRA in due course of time. Page 5 of 10 of Schedule -I Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh Details of Generation Facility/ Power Plant (A). General Information (i). Name of Applicant Aquagen (Private) Limited (. ii) (1' Registered/Business Office 495-Deh Landhi, Main National Highway, Karachi. (iii). Plant Location Hanif SRE, PNS Karsaz, Habib Rehmatullah Road, Karachi. (iv). Type of Generation Facility Thermal Co-Generation (B). Plant Configuration (i). Plant Size Installed 7.357 MW Capacity (Gross ISO) (ii). Type of Technology (iii). Number of Units/Size (MW) Power Plant (with Gas Engines) Gas Engine Steam Turbine Gas Engines (iv). (v). Unit Make & Model Steam Turbine 7 x 1.053 MW Gas Engines None General Electric Jenbacher/JGS 320 GS-N.L N/A Commissioning /Commercial Operation January 01, 2012 Date (CoD) ' As prowled by the Licensee Page 6 of 10 of Schedule -I Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh Minimum Expected Life of the Facility from Commissioning/ CoD (C). 25 Years Fuel Details (i). Main Fuel (ii) '' Alternative/Back Fuel (iii) Start-Up Fuel Same as Main fuel (iv). Fuel Source (Imported/Indigenous) Indigenous (iii). Fuel Supplier Sui Southern Gas Company Limited (iv). Supply Arrangement Through Pipeline (D). Natural Gas (Pipeline Quality) Up- Not Applicable (N/A) Emission Values (Main Fuel) (i). SOx 0 mg/Nm3 (ii). NOx <500 mg/Nm3 (iii). CO 950 mg/Nm3 (iv). NHMC 50 mg/Nm3 ) 150 Page 7 of 10 of Schedule -I Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh (E). Cooling System Cooling Water Source/Cycle (F). Tube Wells installed at Site/Closed Loop Plant Characteristics (i). Generation Voltage 11 KV (ii). Frequency 50 Hz (iii). Power Factor 0.8 i \ (iv). Automatic Generation Control (AGC) NA (v). Ramping Rate NA (vi). Time required to Synchronize to Grid and loading the complex to full load. NA Page 8 of 10 of Schedule -I Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh Information Pertaining to the Bulk Power Consumer-BPC (in the Name of PNS Karsaz) of the Licensee (i.e. Aquagen (Private) Limited (APL)1 One (01) A. No. of Consumers B. Location of consumers (distance PNS Karsaz, Hanif SRE, and/or identity of premises) Rehmatullah Road, Karachi. C Contracted Capacity and Load PNS Karsaz Factor for consumer Habib 5.00 MW Specify Whether (I) a (ii) (iii) The consumer is an Associate undertaking of the APL- If yes, specify percentage ownership of equity; N/A There are common directorships: N/A Either can exercise influence or control over Only contractually the other. Specify nature of contractual Relationship E. 0) Between each consumer and APL. (ii) Consumer and KESC. Firm Supply of Electricity on Continuous basis Yes/ C-2 Bulk tariff from KESC as back F. Any other information deemed relevant to the BPC for disclosure to or for consideration of NEPRA. up consumer N/A / A L1 Page 9 of 10 of Schedule -I Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh Information Regarding Distribution Network for Supply of Power to Bulk Power Consumer (in the Name of Aquagen (Private) Limited -APL) A. No. of Feeders Two (02) B. Length of Each Feeder (Meter) 600 Meter C Length of Each Feeder to each -DoConsumer D. E. F. G. In respect of all the Feeders, describe the property (streets, farms, Agri land, etc.) through, under or over which they pass right up to the premises of customer, whether they crossover or pass near the DISCO (i.e. KESC) lines. The 11 KV Underground Cable supplying power to PNS KARSAZ is located on naval base owned by (Pakistan Navy) PN, without any crossing etc. Whether owned by APL, Consumer or DISCO -(deal with each Feeder Separately) - If owned by DISCO, please furnish particulars of N/A contractual arrangement - Operation and The Operation and Maintenance is the maintenance responsibility responsibility of PNS Karsaz (i.e. BPC). for each feeder Whether connection with network of DISCO exists Yes/C-2 Bulk tariff from KESC (as back up (whether active or not)- If yes, provide details of connection arrangement) arrangements (both technical and contractual) Any other network information deemed relevant for disclosure N/A to or for consideration of NEPRA. i Page 10 of 10 of Schedule -I Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh SCHEDULE-II The Installed/ISO Capacity (MW), De-Rated Capacity At Mean Site Conditions (MW), Auxiliary Consumption (MW) and the Net Capacity At Mean Site Conditions (MW) of the Generatio acilities of Licensee is given in this Schedule Page 1 of 2 of Schedule-II Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS Karsaz Habib Rehmatullah Road Karachi Sindh SCHEDULE-II* 1. Installed Capacity Gross ISO 7.357 MW 2. De-rated Capacity at Mean Site Conditions 6.620 MW 3. Auxiliary Consumption 00.100 MW 4. Net Capacity at Mean Site Conditions 6.52 MW Note All the above figures are indicative only as provided by the Licensee. The Net Capacity available to PNS Karsaz for dispatch will be determined through procedure(s) contained in the Bi-lateral Agreement(s) or any other applicable document(s). • As provided • he Licensee Page 2 of 2 of Schedule-II Generation Licence Aquagen (Pvt.) Limited Hanif SRE, PNS KARSAZ Habib Rehmatullah Road Karachi Sindh Authorization by National Electric Power Regulatory Authority (NEPRA) to Aquagen (Pvt.) Limited Incorporated under the Companies Ordinance, 1984 Under Corporate Universal Identification No. 0072707, dated June 03, 2010 NEPRA GENERATION LICNCE No. SGC/79/2012 For Sale to Bulk Power Consumer(s) Pursuant to Section 22 of the Act and Rule 7 of the NEPRA Licensing (Generation) Rules-2000, the Authority hereby authorize Aquagen (Pvt.) Limited (Licensee) to engage in second-tier supply business, limited to the following consumers also mentioned in Schedules-I of the Generation Licence No. SGC/79/2012. 1. PNS KARSAZ/ PAKISTAN NAVY (PN) (Shaukat All Kundi) Member .2- S 0 "?.- • 42 (Habibullah Khilji) Member a'Yr(Khawaja Muhammad Naeem) Member (G h iasudd in iChmed ) Member/Acting Chairman Page 1 of 1