CONTENTS Private Power & Infrastructure Board Power Policy 2002- Features Efforts for Investment Promotion in Hydro/Coal Projects Power Policy Response Private Power Projects - Win Win Situation for all Challenges in Attracting Investments In Power Generation New Opportunities for Private Sector Investors Why Investment in Power Sector PPIB – CREATION / PURPOSE C Created t d in i August A t 1994 to t promote t private i t investments i t t in i power sector. Act as One-Window facilitator on behalf of GOP, its Ministries/ Departments. Execute IA and provide GOP guarantees on behalf of President of Pakistan. Pakistan Monitor and facilitate IPPs in executing PPA, WUL with relevant GOP agencies. Provide technical, financial and legal support to Ministry of Water & Power, Provinces / AJK. Coordinate/ Liaison with local and multilateral development Finance Institutions. PPIB A PROFESSIONAL FACILITATOR Lenders Investors Consultants Regulator PPIB Purchaser TCEB GOP Provinces/ AJK (Ministries/Divisions) ((NTDC)) POLICY FOR POWER GENERATION 2002 SALIENT FEATURES E Exemption ti f from corporate t income i t tax, t turnover t and tax d withholding ithh ldi t tax, no sales tax, only 5% concessionary Import Duty on plant & equipment not manufactured locally GOP Guarantees obligations of power purchaser and provinces GOP provides protection against Political Force Majeure, change in law and d Change Ch i duties in d ti & taxes t Power Purchaser to bear hydrological risk for hydropower projects Payment of compensation in case of termination due to GOP default Tariff adjustments for variation in currency exchange rates and fuel prices Government ensures conversion of Pak Rupee & remittance of foreign exchange for project-related payments POWER POLICY 2002 PROCESS Raw site advertisement NEPRA Tariff Determination LOI • Technical ec ca Strength • Financial Strength Feasibility Study Monitoring M it i & evaluation by POE LOS Financial Close COD PPIB’S EFFORTS IN DEVELOPMENT OF HYDRO POWER PROJECTS IN PRIVATE SECTOR Compiled and published comprehensive brochure on Pakistan Hydel Power Potential Ranking (prioritization) of Hydel Power Projects (50-1000 (50 1000 MW) Award of top ranked projects through the solicitations under international competition Preparation of Standardized Terms of Reference for a Bankable Feasibility Study Completion of feasibility studies for seven projects in private sector Preparation of Standardized security documents i.e. IA, PPA and WUA for hydropower projects in coordination with all stakeholders Successful negotiation of Security documents for New Bong Hydropower project (1995 Hydel Policy Project) Prepared p Mechanism for Tariff Determination for Hydel y Projects j Cascade Study for Swat River and Jhelum River Hydropower Projects PPIB’s EFFORTS IN DEVELOPMENT OF COAL POWER PROJECTS IN PRIVATE SECTOR Compiled and published Brochure on Pakistan Coal Power Generation Potential. Published comprehensive Brochure on Pakistan Thar Coal Power Generation Potential. Provided full assistance to GOS in the initial establishment of the Thar Coal Energy Development Board (TCEB) Provided full support to TCEB on development of 1200 MW Integrated Coal Power Project by Sindh Energy Coal Mining Company. Prepared Standardized Security documents i.e. i e IA, IA PPA for Coal based Power Projects. Started initial work on development of RFP documents for 1200 – 2400 MW Imported Coal based Project near Karachi through ICB. INITIATIVES BY PPIB (POWER POLICY 2002) 11 Unsolicited Projects j ((Oil/Gas)) ((2,181.13 , MW)) 7 Fast Track Projects (1,309.22 MW) 1 Imported Coal Project (1,200 (1 200 MW) 17 Hydro Power Projects (5,110 MW) International Competitive Biddings (ICBs) for: IPPs (4 rounds 1,013 MW) Feasibility studies being conducted for: Hydro Projects Small Gas based projects RESPONSE OF POWER POLICY 2002 Number of Capacity Investment (MW) (Million US$) 8 1,465 1,693 G Gas 10 2 025 2,025 2 293 2,293 Coal 1 1,200 2,011 Hydel 17 5,110 8,606 Total 36 9,800 14,603 Projects Oil Based 165 MW Attock Gen, Rawalpindi (17-Mar-09) 196 MW Fauji Mari, Daharki (Dec-09) 227 MW Engro Power, Qadirpur (Dec (Dec-09) 09) 229 MW Orient Power, Balloki (Dec-09) 225 MW, Muridke Power Project (Jan (Jan-10) 10) 225 MW Bhikki Power Project (Dec-10) 225 MW Atlas Power Limited(Nov-09) 220 MW HUBCO-Narowal (May-10) 200 MW Liberty PowerTech (Dec-10) 200 MW Nishat Power Project (Nov-09) 200 MW Nishat Chunian Power (Mar-10) 231 MW Sahiwal (Saif) Power (Dec-09) 225 MW Sahiwal Power Project LOCATION OF HYDROPOWER UNDER PPIB Kaigah (548 MW) N.A. Shushgai Zhendoli (ADB ) (102 MW) CHINA Shogo Sin (ADB Loan) (127 MW) GILGIT Gabral Kalam (101 MW) Chitral Kalam Asrit (197 MW) AFGHANISTAN Asrit Kedam (215 MW) Dasu MUZAFFARABAD Behrain Kaghan Madyan (157 MW) Suki Kinari (840 MW) Kalam AZAD KASHMIR PESHAWAR Mansehra ISLAMABAD Bagh Palandry NWFP INDIA • Sehra (130 MW) • Kotli (100 MW) • Gulpur p (100 ( MW)) • Rajdhani (132 MW) PRIVATE POWER PROJECTS IN OPERATION Number of Projects Capacity (MW) Investment (Million US$) Project prior to 1994 Power Policy 1 1,292 1,608 Projects under 1994 Power Policy 14 3,048 3,479 Project privatized from public sector 1 1,638 1,583 Projects under 2002 Power Policy 7 1,475 1,391 Total 23 7,453 8,061 IPPs IN OPERATION PUNJAB Alt Altern Energy E Ltd, Ltd Attock Att k 29 J Jun 2001 Japan Power Generation, Lahore 120 Jan 2000 Kohinoor Energy Ltd., Lahore 131 Jun 1997 Southern Electric Co., Lahore 135 Jul 1999 Saba Power Company, Lahore 114 Dec 1999 AES Lalpir Ltd., Multan 362 Nov 1997 AES Pak Gen, Multan 365 Feb 1998 Fauji Kabirwala Co., Multan 157 Oct 1999 Rousch Power, Multan 412 Dec 1999 1638 Jun 1996 Attock Gen, Rawalpindi 165 Mar 2009 Atlas Power Ltd., Sheikhupura 225 Nov 2009 Nishat Power Ltd., Lahore 200 Nov 2009 Saif Power Ltd., Ltd Sahiwal 229 Apr 2010 Orient Power Ltd., Balloki, Kasur 229 May 2010 Nishat Chunian Power Ltd., Lahore 200 Jul 2010 1292 Mar 1997 Uch Power Ltd., Uch 586 Oct 2000 Habibullah Coastal, Quetta 140 Sep 1999 TNB Liberty Power Ltd., Dharki 235 Jun 2001 Tapal Energy Ltd., Karachi 126 Jun 1997 Gul Ahmed Energy Ltd., Karachi 136 Nov 1996 Engro Energy Ltd., Qadirpur, Sindh 227 Mar 2010 KAPCO, Muzaffargarh (privatized from KAPCO public sector) BALOCHISTAN Hub Power Project, Hub SINDH Tot. Capacity: 7453 MW MULTAN INTERNATIONAL INTEREST IN PRIVATE POWER PROJECTS IPPS IN OPERATION Sponsors AES, USA El Paso, USA Warstilla, USA Tanaska, USA Hawkins, a s, USA US International Power, UK Siemens, Germany ABB, Switzerland Xenel, KSA Mitsui Japan TNB, Malaysia Attock Oil, UK Orastar Limited, Limited UK Oman Oil Company Lenders IFC ADB ADB, J-Exim ABN AMRO EDC, Canada Finnish Export p Credit World Bank COFACE MITI, Japan CDC SACE US Exim Bank Nations Banks of Texas Toronto – Dominion Bank DEG Germany PROPARCO SWEDFUND IMPROVEMENTS IN POWER SECTOR DUE TO PRIVATE POWER GENERATION PROJECTS Better performance parameters such as availability, efficiency etc. Improved reliability of the power system Increased interest of local and international investors in power generation projects in Pakistan Local and foreign financing for power sector - Additionality of resources Some risk transferred to private sector, such as financing, construction, operation and maintenance IPP knowledge transferred to Pakistan 16 PRIVATE POWER PROJECTS WIN – WIN SITUATION FOR ALL GOP • Generation without budgetary support. • Efficient utilization of indigenous resources like gas. • Smoothen the way for further requisite foreign direct investment. • IPPs are a step forwarded towards competitive power market. market Power Purchaser • Valuable demand has been met. • Reliable capacity is available. • Capacity add-in without internal cash generation for investment. PRIVATE POWER PROJECTS WIN – WIN SITUATION FOR ALL Provincial Government • Generation of economic activities. • Enhancement of employment opportunities • Development p of local infrastructure • Encouraged provincial policy makers to devise their own power policies (on small scale). Financial Market • IPPs helped in developing local financial markets. • Local banks providing working capital guarantees and other credit lines. • Awareness in local financial market to handle financing for private power projects. IPPs • New N B Business i opportunities t iti b backed k db by GOP guarantee t & protection t ti against Force Majeure and change in law Competitive returns for 25 years ensured CHALLENGES IN ATTRACTING INVESTMENTS IN PRIVATE POWER GENERATION Insufficient infrastructure (roads, transmission lines, etc) to support mega power projects especially coal & hydro Difficulties in arranging financing for power projects Constraints in availability of plant & equipment Law and order problems Gas availability on long-term basis to IPPs is not certain Delayed payments to IPPs Recessionary wave around the world have adverse impact on IPPs Non availability of trained and experienced human resource NEW OPPORTUNITIES FOR PRIVATE INVESTORS 300 MW Oil Fired Reciprocating Engines based private power project near Chiniot Faisalabad. 300 MW private power project based on imported coal near Jamshoro. 1200-2400 MW private power project based on imported coal. 132 MW Shogo Sin Hydropower project on Luthko River near Chitral. 144 MW Shushghai Shushghai-Zhendoli Zhendoli hydropower project Trich Gol near Chitral. PPIB entertaining new unsolicited proposals under Guidelines for Setting Private Power Projects to meet immediate power shortage. WHY INVESTMENT IN PAKISTAN POWER SECTOR IS PROMISING & ATTRACTIVE Due to growing power demand, there is dire need of power capacity addition. Pakistan has successfully attracted investment worth billions of dollars from private sector for power generation World renowned power players are already operating in Pakistan. One-Window facility provided at Federal level by PPIB for projects above 50 MW. Federal Government guarantees the performance of the power purchaser and p p provinces. Federal Government provides protection against political force Majeure and change in law. Concessionary import duties and tax free regime for power plants developed under the Policy. WHY INVESTMENT IN PAKISTAN POWER SECTOR IS PROMISING & ATTRACTIVE 168 Million population – only y 50% have access to electricity y Rapidly growing economy Consistent demand growth of electricity (about 8% per annum) Simplified Policy and procedures for attracting new investments (Power Policy 2002) with Generous incentives for private investors Credible track record of PPIB (One-window facilitator) Full support of the Regulator for International Competitive Bidding (ICB) Projects Transparent and competitive Processing of projects Major international energy companies already present in Pakistan CONCLUSION & WAY FORWARD PPIB has been successful in attracting private investment in power generation Policies need to be evolved to encourage private sector participation in Power System infrastructure such a Transmission Lines, Distribution system etc. D Demand d needs d tto b be reduced d d th through hE Energy C Conservation ti and dL Load d Management including efficiency improvement & reduction of system losses Oil logistics issues need to be addressed Reliable load forecasting mechanism needs to be developed Focus needed on Hydro and indigenous coal based projects for long term needs d Alternative energy resources need to be tapped Reforms in p power sector need to be implemented p on Fast Track basis ensuring g efficiency and transparency in the system POWER SECTOR - CRITICAL ISSUES (1) No addition of adequate generation capacity for last seven years Power shortfalls – generation not meeting demand Reliable load forecast is missing Governance Issue - No single government entity taking lead role Integrated approach lacking No clarity y on roles/ responsibilities p among g various entities Circular Debt/ Subsidies After deregulation of RFO, no pricing structure for RFO in place l POWER SECTOR - CRITICAL ISSUES (2) Inter-provincial issues for hydropower projects Slow pace of reforms in power sector High g system y losses and difficulties in revenue collection in certain areas Difficulties in arranging financing from international and local markets Hydro Projects not moving forward due to law & order problems No Incentives for professionals in public sector - Very low compensation to professionals for public sector projects Non availability of required technical expertise and lack of institutional capacity BACKUP SLIDES OUTCOME OF 1994 PRIVATE POWER POLICY World’s largest g IPP 1292 MW HUBCO completed p in 1997 with FDI of US$ 1.6 Billion Under 1994 Power Policy, 14 IPPs - 3100 MW commissioned with FDI of over US$ 3 Billion – Load shedding was eliminated Attracted world-leading energy players to Pakistan Foreign financing by multi-lateral agencies and commercial sources Provided an effective and efficient interface between IPPs and GOP Successfully negotiated, negotiated executed, executed and administered agreements with IPPs Successful organizational model replicated in many countries after Pakistan (Bangladesh, Nepal, etc.) PPIB’s EFFORTS IN DEVELOPMENT OF COAL POWER PROJECTS IN PRIVATE SECTOR Providing g assistance to TCEB on the development p of 1200MW integrated g Coal power Project by Sindh Engro Coal mining Company (SECMC). Successful completion of Feasibility Studies for 2x1200MW Integrated Imported Coal Power Projects near Karachi. Preparation of Standardized security documents i.e. IA, PPA for Coal based power projects in coordination with the power purchaser. Prepared RFP documents for 300MW Imported Coal Based power generation project (HESCO Area) through ICB. Started initial work on the development of RFP documents for 12002400MW Imported Coal power project near Karachi through ICB ICB. PPIB’s EWFFORTS IN DEVELOPMENT OF CO-GENERATION POWER PROJECTS IN PRIVAT SECTOR Compiled and published comprehensive Brochure on National Policy for Power Co-Generation by Sugar Industry and Guidelines for Investors. Assistance to Pakistan Sugar Mills Association (PSMA) in developing CoGen Policy for Sugar Mills. Registration of 80MW Co-Generation power project by M/s JDW Sugar Mills, under Co-Gen Policy and NEPRA has determined their first tier t iff tariff. Registration of 65MW Co-Generation power project by M/s Chistia Sugar Mills, under Co-Gen Policy. INTERNATIONAL INTEREST IN PAKISTAN – POWER SECTOR Prospective p IPPs – Sponsors p Daharki Power Holdings Limited Sapphire Power Generation Ltd. Sapphire Textiles Mills Ltd. Ltd Mr. Ashraf S. Mukaty Halmore Power Generation Company HUB Power Company Limited Energoprogress, Russia Grange Holdings Limited CER Pakistan Holdings Limited Pakistan Power Resources Petroleum Exploration Limited Saigols Pvt. Ltd Husnain Cotex Mi International Mira I i l Mira International Associated Commercial Agencies AES P Pakistan ki t P Pvt. t Ltd Ltd. Cherat Cement Co. Ltd. Shirazi Investment (Pvt.) Ltd. Yunus Brothers Group Alamgir Power (Pvt.) Ltd. Techno Engineering Services Rupali Polyester Faysal Bank Ltd. United Bank Ltd. Habib Bank Limited National Bank of Pakistan etc. INTERNATIONAL INTEREST IN PAKISTAN – POWER SECTOR Prospective IPPs – Lenders IFC ADB IDB P Proparco World Bank AES, USA Mitsui,, Japan p Hazama, Japan Emirates Trading, UAE PIC Energy Group, USA AlJomaiah Group, Group KSA Dong Fang, China CWE, China Creative Energy, UAE Snowy Mountain Engg. Corp., Australia Walters Power, USA International Power, UK Farab Group, Iran Temokin Energy, Malaysia Eden Enterprises, Malaysia Daewoo, Korea K Water, K. W t Korea K Global Energy Limited Panasian Investment Ltd Continental Energy Ltd. Ltd Central China Power Group Harbin Power Engg, China China International Water & Electric Company etc. PPIB’s RECENT ACHIEVEMENTS Pursuant to Power Policy 2002, seven (7) IPPs with a cumulative capacity of about 1400 MW and having an investment of around US$ 1.4 billion have started their commercial operations. Five (5) new projects with a cumulative capacity of about 1,000 MW and investment of around US$ 1.2 billion will start operations during 2010. PPIB has successfully conducted various rounds of International Competitive Biddings (ICBs) for establishment of new private power projects. j t Upcoming Thermal IPPs in 2010 176.665 MW Fauji Daharki Project (Nov-10) 209 MW Muridke Power Project (Oct (Oct-10) 10) 209 MW Bhikki Power Project (Oct-10) 213.6 MW HUBCO-Narowal (Oct-10) 195 MW Liberty PowerTech (Oct-10) 225 MW Sahiwal Power Project LOCATION OF HYDROPOWER UNDER PPIB Kaigah (548 MW) N.A. Shushgai Zhendoli (ADB ) (102 MW) CHINA Shogo Sin (ADB Loan) (127 MW) GILGIT Gabral Kalam (101 MW) Chitral Kalam Asrit (197 MW) AFGHANISTAN Asrit Kedam (215 MW) Dasu MUZAFFARABAD Behrain Kaghan Madyan (157 MW) Suki Kinari (840 MW) Kalam AZAD KASHMIR PESHAWAR Mansehra ISLAMABAD Bagh Palandry NWFP INDIA • Sehra (130 MW) • Kotli (100 MW) • Gulpur p (100 ( MW)) • Rajdhani (132 MW) HYDROPOWER POTENTIAL IN PAKISTAN Total Estimated Hydel Potential 59,249 MW Projects in Operation 6,703 MW Projects under Implementation P bli Sector Public S t 21 969 MW 21,969 Private Sector (PPIB + Provinces) 6,507 MW Projects with Feasibility Study Completed 4,345 MW Raw Sites 19 656 MW 19,656 HYDEL PROJECTS ABOVE 50 MW IN PRIVATE SECTOR BEING PROCESSED BY PPIB Projects under 1995 Hydel Policy 2 216 MW Projects in AJK 7 1941 MW Projects j in KPK 6 2058 MW Projects in Punjab 1 720 MW 2 276 MW 18 5211 MW Projects under Power Policy 2002 Projects j under ADB’s TA Loan (Feasibility Studies only) Total: COAL PROJECTS IN PRIVATE SECTOR PROCESSED BY PPIB Dealt in Past 1000 1200 MW Imported Coal Power Project at Karachi by M/S MITSUI & Co. 1000-1200 Co Ltd. Ltd Japan. Japan 1000 MW Integrated Coal mining cum Power Project by M/s Hassan Associates Ltd. Pakistan. 200 MW Integrated Coal mining cum Power Project at Lakhra by M/s Fateh Textile Mills Ltd. Pakistan. Pakistan 150 MW Integrated Coal mining cum Power Project at Lakhra by M/s Habibullah Energy Ltd. Pakistan 1000 MW by AES at Thar Under Process 1000-1200 MW Imported Coal Power Project at Karachi by M/S AES (Pvt.) Ltd. Pakistan. 300 MW Imported po ted Coa Coal Based ased ICB C Project oject Preparation of RFP for 1200 -2400 MW Integrated Imported coal and Jetty Project 205 MW Integrated Coal mining cum Power Project at Sonda-Jherruk by M/s Dadabhoy y Energy gy Ltd. Pakistan Hydrocarbon 405 MW Coal Mining and Power Proposal at Sonda-Jherruk by CMC China. 120 MW Proposal at Tarai Badin Sindh by Synergy DEMAND SUPPLY POSITION (All Figures in MW) Fiscal Year Computed Peak Demand * Corresponding Supply Surplus/ Shortfall 2001-02 10459 10894 435 2002 03 2002-03 11044 10958 -86 2003-04 11598 11834 236 2004-05 12595 12792 197 2005-06 13847 12600 -1247 2006-07 15838 13292 -2546 2007-08 17398 12442 -4956 2008-09 17852 13637 -4215 2009 10 (Jul 2009-10 (Jul-Aug) Aug) 16500 13400 -3100 Growth Rate during 2008-09 8.53% TARIFF OF COMPETING SOURCE OF POWER GENERATION Project Type Fuel Tariff Range c/kwh /k h Remarks Rentals Oil 14-16 Limited use full life IPPs 13 15 13-15 -dodo IPPs Furnace Oil HSD 20 -do- IPPs Gas 8 -do- IPPs Coal 9-10 Expected Tariff IPPs IPPS Hydel Co Gene 8-9 8.287 Expected Final Tariff Nepra Tariif Jun 2008 YEARWISE LIST OF PROJECTS BEING PROCESSED BY PPIB Sr. No. Location Capacity (MW) Actual/ Expected COD Rawalpindi, Punjab 156.00 17-Mar-09 Project commissioned and inaugurated by the Honorable Prime Minister. Project Remarks Projects already commissioned: 1 Attock Gen Ltd. Sheikhupura, Punjab 213.60 18-Dec-09 Project commissioned and inaugurated by the Honorable Prime Minister. Engro Energy (Pvt) Limited Qadirpur, Sindh 216.80 27-Mar-10 Project commissioned. 4 Saif Power Limited Sahiwal, Punjab 209.00 30-Apr-10 Project commissioned. 5 Orient Power Company Pvt. Ltd. 24-May-10 Project commissioned and inaugurated by the Honorable Prime Minister. 2 Atlas Power Ltd. 3 Balloki, Punjab 212.70 6 Nishat Power Limited Near Lahore, Punjab 195.26 9-Jun-10 Project commissioned and inaugurated by the Honorable Prime Minister. 7 Nishat Chunian Power Limited Near Lahore, Punjab 19 26 195.26 21 21-Jul-10 10 Project commissioned. Sub Total (Commissioned Projects) 1398.62 YEARWISE LIST OF PROJECTS BEING PROCESSED BY PPIB Sr. No. Actual/ Expected COD Project Location Capacity (MW) 8 Sapphire Electric Company Ltd. Muridke, Punjab 209.00 31-Oct-10 Testing and commissioning started. 9 Foundation Power Company p y ((Daharki)) Ltd. Daharki, Sindh 176.66 31-Nov-10 Encountered a technical problem. p 10 Liberty Power Tech Ltd. Near Faisalabad, Punjab 195.00 31-Oct-10 Testing and commissioning in progress. 11 The HUB Power Company Limited Narowal, Punjab 213.60 31-Oct-10 Encountered a technical problem problem. 12 Halmore Power Generation Company Ltd. Bhikki, Punjab 209.00 31-Oct-10 Construction in progress. Remarks Year 2010 Sub Total (2010) 1003.26 Year 2012 13 14 Radian Energy Grange Power Limited Sub Total (2012) Shahkot, Punjab Arifwala, Punjab 150.00 146.50 296.50 Jun-12 Tariff determination from NEPRA is awaited. Dec-12 The Sponsors have been advised to submit PG for issuance of LOS. YEARWISE LIST OF PROJECTS BEING PROCESSED BY PPIB Sr. Sr No. Project Location Capacity (MW) Actual/ Expected COD 7.5 km Downstream Mangla g Dam,, AJK 84 May-13 Construction in progress. Dadu, Sindh 170.95 Jun-13 PPIB has requested the Sponsors to submit PG with validity upto 5th September 2011. Daharki, Sindh 125.84 Jun-13 Financial Closing Date for the project extended upto 30th September 2010. 2010 Remarks Year 2013 15 Laraib Energy Limited 16 Green Electric (Pvt.) Ltd. 17 Star Power Generation Limited 18 Uch-II Power (Pvt.) Ltd. Dera Murad Jamali, Balochistan 375.20 Dec-13 19 Kandra Power Company Limited Near Sukkur, Sindh 120 Dec-13 Sub Total (2013) LOS for the project issued on 3rd March 2010. Sponsors have submitted the draft Feasibility Study, which is being reviewed. reviewed 875.99 Year 2014 Poonch River/Gulpur, AJK 100 Jun-14 Star Hydropower Limited Kunhar River, KPK/AJK 150 Dec-14 22 Mira Pakistan Ltd. Poonch River/Kotli, AJK 100 Dec-14 23 Farab Energy & Water Project, Iran Poonch River, AJK 130 Dec-14 20 Mira Power Limited 21 Sub Total (2014) 480 Sponsors are in the process of selection of EPC Contractor. Th project The j t company will ill start t t negotiations on GOPIA by 22nd September 2010 and construction would start by end of October 2010 subject to financial close. Sponsors are in the process of selection of EPC Contractor. Sponsors are in contact with NTDC/CPPA for Tariff negotiations. YEARWISE LIST OF PROJECTS BEING PROCESSED BY PPIB Sr. No. Project Location Actual/ Capacity Expected (MW) COD Remarks Year 2015 24 AES Pakistan Pvt. Ltd. Gadani, Balochistan 25 Iqbal Power Limited 11km upstream Mangla Reservoir, AJK 26 Karot Hydropower Project Jehlum River, AJK 27 28 Cherat Cement Co. Ltd. Yunus Brothers Group Swat River, KPK Near Kalam/Swat River, KPK Sub Total (2015) 1200 Jun-15 132 Jun-15 720 Aug-15 Aug 15 157 215 2424 Chinese EPC firms have started visiting the project site. Sponsors have requested GOAJK to extend the LOS upto 30th June 2011. Sponsors have submitted Application for Generation License to NEPRA. Dec-15 Reportedly, the GOKPK has decided to withdraw their litigation with the Sponsors from the Supreme Court. Dec-15 Reportedly, the GOKPK has decided to withdraw their litigation with the Sponsors from the S Supreme preme Co Court. rt YEARWISE LIST OF PROJECTS BEING PROCESSED BY PPIB Sr. No. Project Location Capacity (MW) Actual/ Expected COD Remarks Year 2016 29 China International Water & Electric Company 30 Alamgir Power (Pvt.) Ltd. 31 32 Jehlum River/Kohala, AJK 1100 Jul-16 Jehlum River/Sudhnoti, AJK 222 Aug-16 Swat River, KPK 197 Dec-16 Muzaffarabad, AJK 139 Dec-16 Techno Engineering Services (Pvt.) Ltd. Chakothi-Hattian Hydropower Project 33 Shogosin Hyderopower Project L thk Ri Luthko River/Chitral, /Chit l KPK 132 Dec-16 34 Shushgai Zhendoli Hydel Project Turkho River/Chitral, KPK 144 Dec-16 Sub Total (2016) A Summary S has h b been moved d ffor th the ECC by MoW&P for further processing of the Project by CWE, China. Sponsors have requested to revert the decision of cancellation of the LOI of the project. j t PPIB has issued Extended LOI valid upto 31st October 2010. Feasibility Study is in progress. Earlier, E li GOKPK desired d i d to t implement i l t the Project by them. Currently, GOKPK is in the process of taking necessary approvals for reimbursement of the cost of feasibility study. 1934 Year 2017 35 S. K. Hydro 36 Telecom Valley (Pvt) Ltd Kunhar River/Mansehra, KPK 840 Jun-17 Kaigah/Indus River, KPK 548 Dec-17 Sub Total (2017) 1388 GRAND TOTAL 9,800 Reportedly, the GOKPK has decided to withdraw their litigation with the Sponsors from the Supreme Court. Progress is slow due to land sliding, local issue as well as law and order situation in Khyber Pakhtun Khwa. PPIB – MISSION STATEMENT To promote and facilitate private sector participation ti i ti in i the th Pakistan P ki t Power P Sector S t in i an efficient, fair and transparent manner, with coherent efforts of key stakeholders, in line with the Private Power Policies of GOP and the electricity demand/supply projections after taking into account the planned public sector power projects. TARIFF OF COMPETING SOURCE OF POWER GENERATION Project Type Fuel Tariff Range c/kwh /k h Remarks Rentals Oil 14-16 Limited use full life IPPs 13 15 13-15 -dodo IPPs Furnace Oil HSD 20 -do- IPPs Gas 8 -do- IPPs Coal 9-10 Expected Tariff IPPs Hydel 8-9 Expected Final Tariff