SOUTHERN ELECTRIC POWER PROJECT

Salient Features

Company Southern Electric Power Project
Capacity 117 MW (Gross)
Location Raiwind, Lahore
Fuel Residual Fuel Oil (RFO)
Technology Diesel Engines
Plant Configuration 5 Units
Power Purchaser WAPDA
Fuel Supplier PSO
Term of the PPA 30 Years
Registered Address Southern Electric Power Co. Ltd. 90-West, 6th Floor Razia Sharif Plaza, Blue Area Islamabad.
Email info@sepcol.com

Important Milestones

Submission of Application June 12, 1994
Issuance of Letter of Interest (LOI) June 28, 1994
Issuance of Letter of Support (LOS) August 3, 1994
Date of Financial Closing October 25, 1995
Commissioning Date July 12, 1999
Net / Dependable Capacity 119 MW

Contractual Agreements

Implementation Agreement (IA) November 23, 1994
Supplement No. 1 March 7, 1994
Power Purchase Agreement (PPA) November 17, 1994
Amendment No. 1 October 25, 1995
Fuel Supply Agreement (FSA) November 30, 1994
Amendment No. 1 October 24,1995
GOP Guarantee August 26, 1996
Cost Overruns Yes