PROJECT

Projects

Summary of Investment Information

Project Number

40974

Company Name

GUL AHMED ELECTRIC LIMITED

Date SPI Disclosed

Sep 16, 2019

Country

Pakistan

Region

Middle East

Projected Board Date

Oct 25, 2019

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 30, 2022

Department

Regional Industry INF MCT

Industry

Infrastructure

Previous Events

Approved : Oct 25, 2019
Signed : Nov 13, 2019
Invested : Apr 16, 2021

Sector

Wind Power - Renewable Energy Generation

Project Description

The project comprises of the development, construction, and operation & maintenance of a 50 MW greenfield wind power project in Pakistan, in the Jhimpir wind corridor of the Sindh province (the Project). The Project will be connected to the national grid and will enter into a 25-year Energy Purchase Agreement (EPA) with the Central Power Purchasing Agency Guarantee Limited (CPPA-G).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation