According to the bank website, "The project comprises of the development, construction, and operation & maintenance of a 60 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)."
"The proposed project will involve the construction, operation and maintenance of a greenfield 60 MW wind farm on a Build-Own-Operate basis in Jhimpir District, Thatta, about 100 km north east of Karachi in Sindh Province, Pakistan. The project will sell electricity to the Central Power Purchasing Agency under a 25-year agreement. The project will involve installation of 30 Siemens-Gamesa 2 MW turbines. Each turbine will have a hub height of 90 m and a blade diameter of 121 m. The project site falls within the Gharo-Jhimpir wind corridor, which is located in the southwest of Sindh province and comprises two clusters of wind resource areas: Gharo, which is located near to the coast and the inland Jhimpir Wind Farm Region (JWR) located in the district of Thatta with, an approximate area of 157 km2.
The company will develop internal access roads to service the turbines within the project site which will link to an access road system already established to serve other wind farms in the vicinity. Once built, the turbines and sub-station land will be fenced off to enhance safety and security; the rest of the site will remain open to local communities for periodic grazing activities. Construction works will be carried out by Chinese EPC HydroChina, comprising a combination of PowerChina, Hydrochina International Engineering Company and Hangzhou Huachen Electric Power Control Company. HydroChina will also perform the role of Operations and Maintenance (O&M) contractor will for the first two years together with turbine supplier Gamesa, after which a new O&M contractor will be appointed. It is expected that construction work will begin in 2020 and that the wind farm will take around 15 months to complete. Wind turbines will be connected to a 132-kV high voltage switchyard in the power plant via a 22 kV underground electrical collection system. Electricity from the project will be transmitted from this switchyard to a National Transmission and Dispatch Company Limited (NTDC) transmission line that will serve multiple projects and be built by NTDC. The transmission line is not considered as an associated facility under Performance Standard 1 as it will be a shared line serving multiple (sixteen) other wind farm projects, of which IFC will be supporting six..."
According to IFCl, "The Project is being implemented by Metro Wind Power Limited (MWPL), a special purpose vehicle (SPV) incorporated under the laws of the Islamic Republic of Pakistan. MWPL is wholly owned by Metro Group of Companies.
The group has an existing 50 MW Wind Project in the same Jhimpir wind corridor which achieved commercial operations date in 2016 and has the Iqbal Alimohamed family and Infraco Keenjhar part of Daelim group as its shareholders and financing from the IFC along with a consortium of local banks. Besides, the group also has other investments in the energy sector including shareholding and board positions in some of the major power generation companies in Pakistan."
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Hangzhou Huachen Electric Power Control Company||Parent Company||-|
|-||-||-||-||Hydrochina International Engineering Company||Parent Company||-|
|-||-||-||-||Metro Group of Companies||Parent Company||-|
|-||-||-||-||Metro Wind Power Limited (MWPL)||Client||-|
|-||-||-||-||National Transmission and Dispatch Company Limited||Buyer||-|
Metro Wind Power Limited
Chief Executive Officer
ACCOUNTABILITY MECHANISM OF IFC
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