ALTERN ENERGY LIMITED |
Salient Features |
Company |
Altern Energy Limited |
Capacity |
31 MW (Gross) |
Location |
Fateh Jang, Attock |
Fuel |
Gas |
Technology |
Gas Fired Diesel Engine |
Plant Configuration |
4x3.5 MW Engines (4 units-Phase-I) 4x3.75MW Engines (4 Units-Phase-II) |
Power Purchaser |
WAPDA |
Fuel Supplier |
SNGPL |
Term of the PPA |
30 Years |
Registered Address |
Altern Energy Limited 1st Floor, DESCON House 18 km, Ferozpur Road, Lahore. |
Email |
smiqbal@descon.com.pk |
Important Milestones |
Submission of Application |
December 14, 1994 |
Issuance of Letter of Interest (LOI) |
December 18, 1994 |
Issuance of Letter of Support (LOS) |
May 4, 1995 |
Date of Financial Closing |
July 2, 1996(Phase-I) |
Commissioning Date |
June 6, 2001 (Phase-I) September 20, 2008 (Phase-II) |
Net / Dependable Capacity |
29 MW |
Contractual Agreements |
Implementation Agreement |
July 19, 1995 |
Power Purchase Agreement (PPA) |
September 18, 1995 |
Fuel Supply Agreement (FSA) |
April 11, 1995 |
GOP Guarantee |
October 8, 1996 |