43937-014: PAK: ZORLU ENERJI POWER PROJECT

Project Data Sheet (PDS): Overview

Description

ADB has provided $33.92 million loan to Zorlu Enerji Pakistan Limited (ZEPL), a wholly owned subsidiary of Zorlu Enerji Elektrik ?retim (the sponsor), to build a landmark wind power project in Sindh Province that will increase the country's renewable energy generation capacity. The project, a 56.4 MW wind power plant, was developed in two phases. Phase 1 (6 MW) was constructed through equity financing in 2009 and Phase 2 (50.4 MW) was constructed with a combination of equity and debt by ADB ... Read More

Country Pakistan
Borrower/Equity Investment Name ZORLU ENERJI PAKISTAN LIMITED
Project Number 43937-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7319
Approval Date 24 Nov 2010
Closing Date 07 Jun 2013
Geographical Location Jhimpir town, District Thatta, Southern Sindh, Pakistan
Sector Energy
Subsector Renewable Energy
Safeguard Categories Environment: B
Resettlement: C
Indigenous People: C

 

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