According to the bank website, "The project comprises of the development, construction, and operation & maintenance of a 50 MW greenfield wind power project in Pakistan, in the Jhimpir wind corridor in the Sindh province (The Project). The Project will be connected to the national grid and will enter into a 25-year Energy Purchase Agreement (EPA) with the Central Power Purchasing Agency Guarantee Limited (CPPA-G)."
According to IFC, "Tricom Wind is owned by (i) Lucky Energy (Private) Limited (Lucky Energy), 49 percent and (ii) Lucky Textile Mills Limited (Lucky Textile), 51 percent, each of which is a company incorporated under the laws of Pakistan and is 100 percent owned by Y.B. Holdings (Private) Limited (YB Holding), a holding company of the Yunus Brothers Group (YBG).
Incorporated in July 1993, Lucky Energy is a licensed Isolated Generation Company with NEPRA with gas-powered, thermal power generation capacity of 56.575 MW, supplying uninterrupted power to its group companies. It was formed to mitigate energy risk for YBG."
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Tricom Wind Power Private Limited||Client||-|
|-||-||-||-||YB Holdings||Parent Company||-|
|-||-||-||-||Yunus Brothers Group (YBG)||Parent Company||-|
Tricom Wind Power Private Limited
Chief Financial Officer
+92 21 35205479
7-A, Tabba Street, Mohammad Ali Society, Karachi – 75350, Pakistan
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/