During its recent meeting, the Alternative Energy Development Board (AEDB) decided to grant an extension of six months in the Letter of Intent (LoI) issued to Western Energy Pvt. Ltd. (WEPL) and Burj Wind Energy Pvt. Ltd. (BWEPL). These two companies are working on wind power projects in Pakistan.
WEPL is developing a 50MW wind project in Jhimpir, district Thatta, Sindh and is placed under Category-II of the CCoE decision. However, their tariff petition filed before NEPRA was returned on March 11, 2022. WEPL had also filed for License Proposed Modification (LPM) of the generation license before NEPRA on December 09, 2020. PAF/AHQ has provided clearance for twenty WTG locations of the project, but the signing of the MoU between WEPL and AHQ is still awaited by the company.
BWEPL had acquired a Letter of Intent (LoI) from AEDB for the development of a 14MW wind power project and is placed under Category-III. The validity period of the LoI had lapsed on February 03, 2023. Therefore, the AEDB board allowed an extension of six months in the validity period of the LoI. BWEPL requested for the extension in their letter of February 01, 2023.
It was also mentioned that the RFP documents have already been prepared by AEDB for the competitive bidding of Category-III wind projects. However, the bidding process is still pending due to non-receipt of consent from the provincial energy departments on the quantum proposed by AEDB in its letters dated January 16, 2023, and January 20, 2023.
