Salient Features

Company Gul Ahmed Energy
Capacity 136 MW (Gross)
Location Korangi Town, Karachi
Fuel Furnace Oil
Technology Diesel Engine
Plant Configuration 9 Oil Fired Engines
Power Purchaser KESC
Fuel Supplier PSO
Term of the PPA 22 Years
Registered Address Gul Ahmad Energy Limited 35-B, Block 6, PECHS Karachi-75400

Important Milestones

Submission of Application July 7, 1994
Issuance of Letter of Interest (LOI) July 14, 1994
Issuance of Letter of Support (LOS) August 23, 1994
Date of Financial Closing September 30, 1995
Commissioning Date November 3, 1997
Net / Dependable Capacity 125 MW

Contractual Agreements

Implementation Agreement (IA) June 29, 1995
Power Purchase Agreement (PPA) June 7, 1995
Fuel Supply Agreement (FSA) July 19, 1995
Amendment in the FSA November 3, 1996