Eastern Power Company Limited 163 MW Wartsila Reciprocating Engines Combined Cycle Power Plant, Pasrur, Pakistan, 2006-2009

Eastern Power Company Limited 163 MW Wartsila Reciprocating Engines Combined Cycle Power Plant, Pasrur, Pakistan, 2006-2009

Our team was responsible for the turnkey development of the power plant from concept. To accomplish the team directed the development of detail project plans and conducted detail technical and financial feasibility of the projects. To get approval of the 25 year tariff conducted financial and tariff modeling and after public hearing with the regulatory agency finally acquired tariff determination and generation license. To keep the project on-track directed the development of detail project financial planning and budgeting. Developed a facilities document that outlined the requirement for adequate funding for the project and through various presentations and laisoining with investment and banking channels worldwide, was able to acquire funds as required by the project. Selected, negotiated and finalised terms and conditions with various suppliers and contractors outside the scope of the EPC contractor. 

During the course of this development performed analysis on impediment and constraints in the power policy that would reduce the IRR of the project and suggested solutions to Government for making it attractive for private investors. Developed, negotiated, awarded and performed contract management of EPC and O&M international contracts. To implement these contracts affectively developed and implemented a contract monitoring system to ensure cost and time within the allocated resources. Managed the site selection process and associated studies i.e. Environmental impact assessment, load –flow, ground water assessment, effluent disposal, etc. Directed the negotiations of the security package and consents with various Governmental / Non-Governmental Agencies / Authorities. This was accomplished by hiring and management of professional inter-disciplinary teams to achieve aggressive targets. Finally provided direction to the investment consortium and provided remedies and information so calculated decisions could be made at the Board of Director’s level.

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