Project Data Sheet (PDS): Overview


PAK: FOUNDATION WIND ENERGY I AND II PROJECTS Foundation Wind Energy I: The project involves construction, erection and operation of 50 MW of wind generation capacity, at Kutti Kun, close to the port city of Karachi. The project will sell electricity to the national grid under 20-year take-or-pay offtake contracts. The project spnsors are Fauji Foundation (30%), Fauji Fertlizer Bin Qasim Limited (35%) and Islamic Infrastructure Fund (35%). Foundation Wind Energy II: The project involves ... Read More

Country Pakistan
Borrower/Equity Investment Name FOUNDATION WIND ENERGY I LIMITED
Project Number 45905-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7348
Approval Date 08 Dec 2011
Closing Date 18 May 2024
Geographical Location Kutti Kun, Pakistan
Sector Energy
Subsector Renewable energy generation - wind
Safeguard Categories Environment: B
Resettlement: C
Indigenous People: C


Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

View the latest procurement notices for Goods, Works and Related Services, or Consulting Services.