A Business Recorder Article.

According to sources from embassy of China in Pakistan, the four wind projects that had been completed under CPEC and are connected with the national grid include Dawood wind power project (50 MW), Sachal Energy wind farm (50MW), three gorges second wind farm project (100MW), and UEP wind farm project (100MW).

Dawood wind power project is a prioritized or early harvest project under CPEC, which installs 33 wind turbine generators with the capacity of 1.5MW per unit and total capacity is 49.5MW on 1,720 acres of land in the coastal area of Gharo wind corridor in Bhanbore, District Thatta, Sindh.

This is a direct investment (FDI) project and total investment of Dawood wind power project is US $115 million. The rate of equity to loan is 30 percent:70 percent.

Dawood wind power project achieved Commercial Operation Date (COD) on April 4, 2017 and annual electric power supply to the National Grid is more than 130GWh, which is sufficient for daily use of 100,000 Pakistan families and is effectively easing the crisis of electricity shortage in Pakistan.

Sachal wind power project was completed in April 2017 at a cost of $110 million. It is located in Jhimpir, Thatta district, Sindh province, about 100km northeast of Karachi.

The total installed capacity of this project is 49.5MW, and 33 Gold wind brand wind turbine generators (WTGs) with a capacity of 1.5MW are installed. It is invested by Sachal Energy Development (private) Ltd., in which Arif Habib Corporation Limited holds 100 percent shares. HydroChina International Engineering Co., Ltd. is the engineering procurement construction (EPC) contractor. The Industrial and Commercial Bank of China (ICBC) provided a loan. The debt and equity ratio is 85 percent:15 percent.

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