PROJECT

Projects

Summary of Investment Information

Project Number

33496

Company Name

METRO POWER COMPANY LIMITED

Date SPI Disclosed

Aug 22, 2013

Country

Pakistan

Region

Middle East

Projected Board Date

Sep 27, 2013

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Regional Industry INF MCT

Industry

Infrastructure

Previous Events

Approved : Dec 17, 2013
Signed : Apr 14, 2014
Invested : Mar 24, 2015

Sector

Wind Power - Renewable Energy Generation

Additional Project Attributes

Public-Private Partnerships

Project Description

Metro Power Company Limited (MPCL or the Company) is developing a 50MW wind power generation plant located over 6.28km2 of land in the Jhimpir Wind Corridor, Thatta District of Sindh province in Pakistan. The project involves engineering, design, procurement, construction, turbine erection, grid tie-in, commissioning and operation & maintenance of the 50MW wind power generation facility (the Project). The Project will be an independent power producer and will sell electricity to the National Transmission and Despatch Company Limited (NTDC) under a 20-year Energy Purchase Agreement (EPA). NTDC’s payment obligations under the EPA will be guaranteed by the Government of Pakistan.

The Project is expected to generate an annual average of 154.5GWh and 133.3GWh of electricity on P50 and P90 basis respectively (as per independent engineer’s estimates).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation