Nepra finalises upfront tariff of three wind power projects

Karachi: National Electric Power Regulatory Authority (Nepra) has finalised upfront tariff of three different investment firms, which intend to set up three 50 megawatt wind power projects in Sindh.

Sources in Sindh Environment and Alternative Energy Department told Business Recorder on Wednesday that another application had been filed in Nepra by an investment firm and the tariff fixation was in process.

The Nepra announced an upfront tariff of US cents 9.5 per kWh levelised over the term of the project, including all the provisions of its policy framed on January 17, which was applicable till December 31. Three independent power producers (IPPs) - Green Power, Beacon Energy and Win Power - had filed petitions for tariff determination to Nepra under the framed policy, the sources said.

The New Park Energy had accepted the upfront tariff at 9.5 US cents per kWh as per the decision of Nepra dated April 28, 2006, they added. 'On the petition filed by Green Power (Pvt) Limited on April 27, the Nepra has determined a tariff of US cents 10.2852 per kWh,' they said. 'The Nepra has determined a tariff of US cents 10.47 54 per kWh on the petition filed by Win Power (Pvt) Limited on July 7,' they said.

The application of another intending firm Beacon Energy Limited for tariff determination was still in process and likely to be decided before end of December, the sources added. So far the sources said, seven various IPPs had completed their feasibility studies for 50 MW wind power projects each and being examined by the Alternative Energy Development Board (AEDB), the sources said.

As many as eight investors have so far applied for grant of generation license to the Nepra. They are New Park Energy Limited, Tenaga Generasi Limited, Green Power (Pvt) Limited, Win Power Limited, Zephyr Power Limited, Milergo Pakistan Limited, Beacon Energy Limited and Zorlu Enerji (Pakistan) Limited.

Responding to these applications, the Nepra issued generation license to five companies - New Park Energy, Green Power, Win Power, Tenaga Generasi and Milergo Pakistan, they added. Applications of the remaining three investors for grant of generation license were under process, they concluded.