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