Salient Features

Project Company Port Qasim Electric Power Company (Private) Limited
Sub Category CPEC
Main Sponsor Sinohydro Resources Ltd. China
Other Sponsors Al Mirqab Capital, Qatar
Location Port Qasim, Karachi
Gross Capacity 1320MW
Net Capacity 1214MW
Configration 2 x 660 MW
Technology Steam Turbines
Total Project Price(USD) 1912.2Million
Power Purchaser Central Power Purchasing Agency (Guarantee) Limited (CPPA-GL)
Term of Project 30Years
Primary Fuel Imported Coal

Important Events

Submission of Proposal 27th January 2014
Notice to Proceed 6th March 2014 & 15th May 2014
Issuance of LOI 21-MAY-2014
Generation License Application 03-FEB-2015
Tariff Determination 13-FEB-2015
Date of issuance of LOS 17-APR-2015
Implementaion Agreement 18-APR-2015
Power Purchase Agreement 18-APR-2015
Achievement of Financial Close 22-DEC-2015
COD 25-April-2018