Zorlu Solar Power Project (ADB-50174-001)

Countries
  • Pakistan
Where the impacts of the investment may be experienced.
Specific Location
Bahawalpur, Punjab
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Zorlu Solar Pakistan (Pvt.) Ltd
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 20, 2019

Disclosed by Bank Nov 6, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description

According to the bank document, the project involves the construction, commissioning and operation of a 100 MW photovoltaic (PV) solar generation facility located at the Quad-e-Azam Solar Park (QSP) in Bahawalpur, Punjab province, Pakistan

Investment Description
  • Asian Development Bank (ADB)
Private Actors

Zorlu Enerji Group, founded in 1993 with the foundation of Zorlu Energy Electricity Generation Inc. Zorlu Enerji is a global group of companies providing services in different areas of the energy sector. Zorlu Enerji Group offers an integrated service mix with the activities of different sectors of the energy sector, mainly electricity and steam production and sales carried out by Zorlu Energy, the only public company. Zorlu Enerji has a total installed power of 991 MW, of which 525 MW is in Turkey.


Zorlu Enerji has a 100 percent share of Zorlu Energy Pakistan that is 56.6 MW Wind Power Plant located in the Jhimpir Sindh. The Wind power plant, in Jhimpir started commercial activity in 2013. The facility, which is Pakistan's first wind power plant, produces approximately 159 million kWh of electricity per year.

Contact Information

Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Hashimi, Mohammed Azim

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main