Zorlu Pakistan

completed

The project consists of the construction, operation and maintenance of a 56.4 MW wind farm and associated transmission facilities in the Jhimpir area of Thatta District, Sindh Province, in south-eastern Pakistan, about 100 km east of Karachi (“Project”). The Project site is within the Gharo air corridor and has an average wind speed of 7.8 m/s. The Project will be an Independent Power Producer and will sell electricity to the National Transmission and Dispatch Company Limited (“NTDC”) under a 20-year Energy Purchase Agreement. The Project is the first internationally financed wind power project in Pakistan. The Project is being developed in two phases, with the 6 MW phase I already installed and phase II comprising the remaining 50.4 MW. The inauguration of Phase I was made in April 2009 attended by the Prime Minister of Pakistan. The five 1.2MW each wind turbine generators (“WTGs”) for phase I was procured from Vensys Energy and the twenty eight 1.8 MW each WTGs for Phase II are being procured from Vestas. The 1.2 MW WTG will be placed at 69m height tower with its peak height of 100m. The 1.8 MW WTG will be placed at 80m height with its peak height of 125 m. All the 33 WTGs will be connected to a substation with an underground power cable. The substation is planned to be connected to the national grid system of NTDC. The Project has been developed by Zorlu Enerji Pakistan Limited (“Zorlu Pakistan” or the “Company”), a special purpose company incorporated in Islamabad. Zorlu Pakistan is an almost wholly-owned subsidiary of Zorlu Enerji Elektrik Uretim A.S “Zorlu Enerji” or the “Sponsor”). A subsidiary of Zorlu O&M Enerji Tesisleri Isletme A.S. (“Zorlu O&M”, wholly-owned by Zorlu Holding) will be responsible for the Project’s operation and maintenance. The Project is located in the operational jurisdiction of Hyderabad Electric Supply Company (“HESCO”), and the Project will be connected to the Zorlu Pakistan’s substation (20/132 kV) to be developed within the Project area by underground cable, and then, connected to the existing 132 kV transmission line network of HESCO. An associated 2 km 132 kV transmission line from the Project area to the HESCO network will be developed by NTDC.