Din Energy Thatta District Onshore Wind Farm

Active

Prospective

The project involves the development, construction and operation of 50MW Din Energy Thatta District Onshore Wind Farm, located on 325-acre land in Sindh province’s Jhimpir wind corridor, Thatta district, Pakistan. The project is part of a program to build six wind power projects in Pakistan, named the Super Six. The project will be developed by SPV, owned by Din Group of Industries and namely Din Ventures – 31.7%, Din Corp – 31.7%, Din Industries Management – 5%, Shaikh Mohammed Pervez - 15.8% and Ghazala Pervez – 15.8%. The project cost is $ 63.9 million with debt and equity contributions of $52.12 million and $12.79 million, respectively. IFC provided $ 25.56 million, Meezan Bank and Bank Alfalah provided $ 12.78 million each. Transaction closed on 30 November 2019. https://ijglobal.com/articles/144508/ifcs-super-six-wind-pakistan https://ijglobal.com/data/transaction/48801?name=Din%20Energy%20Thatta%20District%20Onshore%20Wind%20Farm%20(50MW)&link=%2Farticles%2F144508%2Fifcs-super-six-wind-pakistan https://ijglobal.com/data/project/45458?name=Din%20Energy%20Thatta%20District%20Onshore%20Wind%20Farm%20(50MW)&link=%2Farticles%2F144508%2Fifcs-super-six-wind-pakistan https://ifcextapps.ifc.org/ifcext/pressroom/ifcpressroom.nsf/vwAllDocumentsByUNID_NL/C2D9744E04D76455852584B3002C87F5?opendocument

Energy

World Bank Group

Project

Raw Materials, Wind, Power Generation (CCGT), Government, Manufacturing (Industrial), Commercial