Salient Features

Company Saba Power Company
Capacity 134 MW (Gross)
Location Farouqabad, Shiekhupura, Punjab
Fuel Residual Fuel Oil (RFO)
Technology Steam Turbines
Plant Configuration One Furnace Oil Fired Unit
Power Purchaser WAPDA
Fuel Supplier PSO
Term of the PPA 30 Years
Registered Address El Paso Technology Pakistan (Pvt) Limited Saba Power Company Limited 3rd Floor, G. D. Arcade 73-E, Fazal-ul-Haq Road Islamabad.

Important Milestones

Submission of Application June 20, 1994
Issuance of Letter of Interest (LOI) June 28, 1994
Issuance of Letter of Support (LOS) September 18, 1994
Date of Financial Closing April 3, 1996
Commissioning Date December 31, 1999
Net / Dependable Capacity 125 MW

Contractual Agreements

Implementation Agreement (IA) March 31, 1996
Power Purchase Agreement (PPA) December 26, 1994
Amendment No. 1 August 8, 1996
Fuel Supply Agreement (FSA) April 9, 1995
GOP Guarantee August 26, 1996