Lucky Electric Coal Power
Sector: Power Generation (CCGT) • Location: Pakistan
Source: World Bank Group
The project entails the construction of Lucky Electric Coal Power Project, 660 MW coal power plant. The SPV is Lucky Electric Power Company Limited. The project company is a wholly owned subsidiary of Lucky Cement Limited. Private Power & Infrastructure Board signed the financial close for the government and awarded the 30 years PPA. Total cost of the project is 1080 million with a Debt:Equity rat
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project entails the construction of Lucky Electric Coal Power Project, 660 MW coal power plant. The SPV is Lucky Electric Power Company Limited. The project company is a wholly owned subsidiary of Lucky Cement Limited. Private Power & Infrastructure Board signed the financial close for the government and awarded the 30 years PPA. Total cost of the project is 1080 million with a Debt:Equity ratio of 75:25. The sponsor provided the equity while the debt is secured by Habib Bank Limited, United Bank Limited, National Bank of Pakistan, Bank Alfalah Limited, Askari Bank Limited Soneri Bank Limited, The Bank of Punjab, Meezan Bank Limited, Faysal Bank Limited and Dubai Islamic Bank Limited. Financial close took place on June 25, 2018. The construction of the facility is expected to be finished by March 2021. https://tribune.com.pk/story/1742362/2-thar-coal-based-power-project-achieves-financial-close/ |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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