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Tricon Boston Consulting Limited (TBCL)

Sector: Wind • Location: Pakistan

Source: World Bank Group

Project
Active

The project involves the development of three 50MW wind farms in Sindh province, Pakistan. The projects are being jointly developed by the Sapphire Group and Bank Alfalah through Tricon Boston Consulting Limited (TBCL),, a special purpose vehicle (SPV). TBCL will develop, own and operate the 3x 50MW wind farm.

The total cost is estimated to be around $335 million. The Asian Development Bank, and

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The project “Tricon Boston Consulting Limited (TBCL)” is an infrastructure initiative in the Wind sector, located in Pakistan. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the development of three 50MW wind farms in Sindh province, Pakistan. The projects are being jointly developed by the Sapphire Group and Bank Alfalah through Tricon Boston Consulting Limited (TBCL),, a special purpose vehicle (SPV). TBCL will develop, own and operate the 3x 50MW wind farm. The total cost is estimated to be around $335 million. The Asian Development Bank, and the Islamic Development Bank have each committed to direct loans of $66 million, while DEG has committed to a $40 million loan. The International Finance Corporation is also providing a loan in amount of $ 75 million. Power from the project will be sold under a 20 year take-or-pay energy purchase agreement under a feed-in-tariff to Pakistan’s Central Power Purchasing Agency. https://ifcextapps.ifc.org/IFCExt/Pressroom/IFCPressRoom.nsf/0/1DBC78772B9E289B8525811E002F6659 https://ijglobal.com/articles/106318/ifc-to-finance-pakistans-largest-wind-farm

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