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7/29/2019 Supreme Court of Pakistan's verdict on Rental Power Project Corruption [UrduTranslation]
1/81
1003-9/010 7734-G/2009
56712/2010
Amicus Curiae
NEPRA
1
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PEPCO/GENCO's WAPDA & M/o W&P
PEPCO SML PPIB
NPCCG.M CE WPPO
GM WPPO
CRRO, WAPDA Khi
DD, CRRO CFO
DM, LPGCL FD, LPGCL CEO, LPGCL
CEO, GENCO-III
2
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&
Young Gen Power
1-4, 14-17 & 21-24 26-28 & 31
2011 12-14
2 8-9-2009
3
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26-09-2009
GENCOs
16/08/2006 ECC 135/9/2006 (ECC)
3
21-10-2010 3100/2010
(PPIB) 1994 4
16-12-1997
1997
(xi) (vi) 1997 2 1997
1984 1998 (xxvi) PEPCO
4
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(DISCOs) (NTDC)
5 () ( )
( ) ( ) 1984 /
( )
6
1997 1997 31
( )
) 3 1997 7
7 1997
(1)
(4) (2)
a b
5
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c d
e f g
(1) (2) 3
(a (b
(c
(d
e f 4
5
6
20 15,16 1997
1997 2005
IPPs
6
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RRP .8
"Solicitation For Fast Track IPP and Rental Power Projects through
International Competitive Bidding"
14-05-2008 59/08/2008 19478MW
2009 PEPCO
2009 18110MW 14686 17102MW 12074MW
ADB 2010-2013
2009 9 ADBP
ADBP 7.5%2013 8.1 2009
2010 21838
2011 23476
2012 25185
2013 26978
2008-2009
RPPs 2010 ADBP
ADBP 2009
7
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14.05.2008 Presentations
1973 2006 RPPs
10
24
11
2004 2002
(5) (13) 34 48 2007
355018641100 2962 (6) (10)
2007
2005
LOIs
9476 MW
(2590 MW 13591231 (7) (7)
12066MW (9476+2590) LOIs
12
8
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IPPs GENCOs
06.10.2010
:
" 2009
"
"
" www.pepco.gov.pk
16-03-2012 1 2 3
9
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4 5
6
10
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1994 2012 2010
3
11
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1 1994 2012 2010
3 2
12
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2
320072003 1
1 2
3
4
2008003 5
6 20082002
2002 7
500 8
1
13
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2010 2 19-05-2011 3
CPPA WPPO 42011 2010 2011
5
ADB
GENCO
20122008 PEPCO
2009
20122008
PEPCO
14
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13
ADB 2008
PEPCO IPPsGENCO PEPCO RPPs IPPS 16.03.2012
IPPS 2009-2010
PEPCO2009
1519MW PEPCO
RPPs
15
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RPPs WAPDAGENCO'SPEPCO 14 RPPs
RPPs 16 .08 .2006
ECC-135/9/2006 " "
ECC
6
16
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NPGCL (i)
5 / (ii)
(iii)
NPGCL/ 6 8
16 (F)
ECC
ECC
10-09-2008
RPPs IPPs a. Proposals for rental power plants would be based on dual fuel (Gas
and RFO)/single fuel RFO and would be implemented in shortest
possible time.
b. Rental Power Plants would be arranged for a period of 3+1 years.
c. Efforts would be made that the tariff of rental power plants is lower
than the tariff allowed to IPPs based on similar technology for their first
ten years.
d. Mandatory storage of oil for rental power plants would be for ten
days.
e. PEPCO would revaluate the sites for the rental power plants on the
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basis of space for oil storage, transportation of oil to the site,
environmental aspects and power evacuation etc.
f. PEPCO would prepare a mid term revised forecast for demand and
supply of power and PPIB would provide necessary input/data to
PEPCO in respect of prospective IPPs.
g. Secretaries of Finance and Water & Power along with Managing
Director, PPRA would review the mechanism of procurement to ensure
that future delay is avoided and Public Procurement Rules, 2004 areobserved in letter and spirit.
ECC RPPs PEPRA
Public Procurement
Rules, 2004
2A 29 15
14 9 (PLD 2010 SC 1109)
(Constitution Petition No. 50/2011)
18
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(PLD 2010 SC 759 (PLD 2011 SC SMC NO. 13/2009
(PLD 1994 SC 693) 619) 16
27-03-2008 2009 2200MW Fast Track Power Generation Projects
Balco Employees Union (Regd) Union of India (Air 2002 SC 350)
(PLD 2006 Sc 697)
57
Messrs Elahi Cotton Mills Ibid Balco
Employees Ibid
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Trail & Error Trail & Error
Elahi Cotton Ibid Associated Provincial Picture Houses Ltd 58
Loard
Somerrell
Nottinghamshire County Council v. Secretary of State for the
Environment [(1986)
1947
Statute
20
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Wednesbury Sense
Lord Diplock's speech in Council of Civil Service Unions v. Minister for
the Civil Service [1984] 3 All ER 935, [1985] AC 374."
Peter Cau's "An Introduction to Administrative Law"
PSMC
Iqbal Haider v. Capital Development Authority (PLD 2006 SC 394),
Pakistan Steels (PLD 2010 SC 759), HRC No. 4688/06 (PLD 2001 SC
21
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619), Ramana Dayaram Shetty v. International Airport Authority of
India [(1979) 3 SCC 489]; Tata Cellular v. Union of India [(1994) 6 SCC
651] = (AIR 1996 SC 11); Raunaq International Ltd. v. I.V.R.
Construction Ltd. (AIR 2004 SC 4299) = [(1999) 1 SCC 492]; Air India
Ltd. v. Cochin International Airport Ltd. [(2000) 2 SCC 617]; Reliance
Energy Ltd. v. Maharashtra State Road Development Corp. Ltd.
[(2007) 8 SCC 1] and judgment dated 24.08.2009 of the Andhra
Pradesh High Court in Nokia Siemens Networks Pvt. Ltd. v. Union ofIndia.
.17
TOOL COMPAY VS. NORRIS [69 U.S.(2 Wall)
45 (1864)]
Airport R.D. Shetty v. International Nagar Nigam, Authority of India (AIR 1979 SC 1628).
22
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Meerut v. Al Faheem Meat Exports (Pvt.) Ltd. [(2007)1 Supreme 704]
/
14
Raman Dayaram Shetty vs. The international Airport Authority of India (AIR 1979 SC 1628)
Ram & Shyam Co. v. State of Haryana (AIR 1985 SC 1147),
/
Haji T.M. Hasan vs. Kerala Financial Corpn. (AIR 1988 SC 157)
ALSTOM AT / BHAKKI
23
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14.05.2008
200/300 B
MW
14% 7%
.18
2002 19
24
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Public Procurement Rules 2004 PEPRA
RPPs
McManus v. Fortescue [(1907) 2 KB 1]
PPIB
RFP
200MW
Solicited Unsolicited RPPS
RPPS
25
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Status
COD
RPP
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27
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RPPsNTDC/CPPA 20 NTDC/CPPANEPRA
NEPRA/R/PAR-11/CPPA-2006/6213-15 2 7 - 0 7 - 2 0 0 6
09-10-2006 NEPRA/R/PAR-11/CPPA-2006/6920-22 NPGCL RPPsCPPA
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NEPRA's App l i ca t i on NPGCL i Modification Regulations 1999
CPPAPPA NPGCL ii NPGCL iii
NEPRANPGCL RPPS, RSCs
GENCOs PEPCO 21 2006 M/s General Ekut Power 136M/S Afstom
M/S Afstom 150 17-1-2007
"BHIKKI POWER PROJECT
Place: Bhikki, District Sheikhupura
Capacity: 136MW (gas based)
Rental term: 36 months
Contract amount: USD 103,015,476
Mobilization Advance: USD 7,211,083
Agreement date: 18 September, 2006
Rental revenue received: USD 68,024,477
Rental revenue loss: USD 34,990990
Date of Assignment 17 January, 2007
Effective Date 23 February 2007
COD Scheduled 23 June 2007
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AchievedUnit III 19 December, 2007
Unit II 22 January 2008
[Unit I 02 April 2008]
Expiry of Agreement: 22 June 2010"
ECC16-08-2006 22 150ECC-135/9/2006 dated 16-08-2006
ECC
Case No.ECC-135/9/2006Dated: 16.08.2006
150 MW POWER PLANT ATPIRANGHAIB MULTAN ON
RENTAL BASIS
150 2006 12
Proposal
vide letter 26-08-2006 No.PL-9(3)/2006.
NGPCL 23 130 150
15-12-2006NEPRA NEPRA/TRF-63/NPGCL-2006/7951-53
Decision of the Authority w.r.t. Tariff Petition filed by "Subject:
Northern Power Generation Company Ltd. (NPGCL) for Determination
of Tariff for Power Plants on Rental Basis from GE Energy/Alstom
Power (Case No.NEPRA/TRF-63/NPGCL-2006)- Intimation of Decision
of Tariff pursuant to Section 31(4) of the Regulation of Generation,
Transmission and Distribution of Electric Power Act (XL of 1997)
Dear Sir,
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Please find enclosed the decision of the Authority (4 pages) in Case
No.NEPRA/TRF-63/NPGCL-2006.
2. The determination is being intimated to the Federal Government
for the purpose of notification of Generation, Transmission and
Distribution of Electric Power Act (XL of 1997) and Rule 16(11) of the
National Electric Power Regulatory Authority Tariff (Standards and
Procedure) Rules, 1998.
3. Please note that only Order of the Authority at para 9 of thedetermination relating to the Reference Tariff and allowed adjustments
& indexation needs to be notified in the official gazette. The Order is
reproduced for the purpose of clarity and is attached herewith.
DA/AS above.
Sd/- 15.12.2006
(Mahjoob Ahmad Mirza)"
2005 1.10 1.9 Charges
ECC07-02-2008 IPPs Tarrif RPPs
IPPs RPPs 1.9 a
b1.9 bidding 1.10 NTDC PPIB
Levelized PPIB
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24 2.7194/KWH
(18.63 billion) 2.161 NPGCL(GENCO- I I I ) II I 2009 2007-2008
25
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NPGCL ALASTOM BIKKI 150MW GE 92% 26% 39% 816MKWH 1515
C C P CCP-FOM Charge (Rs/KW/Month) (Rs/KW/Month)
RPPs NGPCL
Public Exechequer RPPs
17/08/2009 ECC 26
RPPs
33
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ECC 4 Sovereign GuaranteeGOP IPP (i)
14%
5 Unsolicitated Project473MW (ii)
20/04-2010 CPGCL II-
RPP 6/4/2010 14%
II-
II-
27
72.48 7% 14% 10.15
12/03/2009 7% 17/03/2008 MS Welfare Power International6/04/2010 14%
GENCOs 14%
GENCOs: 8/12/2010
(PPR) 7/12/2010 (i)
8/12/2010
34
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GENCO (ii)
GENCO
28Karkay-II ADB's
CODNEPRA 222 MW RSC LOA
RPP II LOA GENCO
Karkay-II
Walter Power International Naudero-I 29 51 MW 2009 16 11.26 US $ 14 80.42US $US $ GENCO (CPGCL) COD
255,000 PPRA RPPS 30
2006 WAPDA
RPPS
Sr.ASC 31
35
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ECC Naudero-I
ICB
1997 7 NEPRA Cost-plus Sr.ASC
32 CPGCL PPR WPI
WPIs Naudaro-II COD WPI Naudero-II 10.03.2011 GENCOS (CPGCL) NEPRA
Naudero-II WPI
COD
CPGCL
Austria GEP WPI
PEPRA Naudero-I ICB 42(C)
RPPs ASC 33
42(3) RPPs Naudero-I 7 NEPRA
ICB PPR
COD CPGCL
CPGCL/NEPRA
RPPS
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34 PPRA PPRA ECC
ECC
ECC PEPRA PEPRA 17.03.2009 ECC
PEPRA
: 42 (C PPRA (Procurement)
"42. Alternative methods of procurements.- A procuring agency may
utilize the following alternative methods of procurement of goods,
services and works, namely:-
(c) direct contracting.- A procuring agency shall only engage in direct
contracting if the following conditions exist, namely:-
(i) the procurement concerns the acquisition of spare parts or
supplementary services from original manufacturer or supplier:
Provided that the same are not available from alternative sources;
(ii) only one manufacturer or supplier exists for the required
procurement:
Provided that the procuring agencies shall specify the appropriate fora,
which may authorize procurement of proprietary object after due
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diligence; and
(iii) where a change of supplier would oblige the procuring agency to
acquire material having different technical specifications or
characteristics and would result in incompatibility or disproportionate
technical difficulties in operation and maintenance:
Provided that the contract or contracts do not exceed three years in
duration;
(iv) repeat orders not exceeding fifteen per cent of the originalprocurement;
(v) in case of an emergency:
Provided that the procuring agencies shall specify appropriate fora
vested with necessary authority to declare an emergency;
(vi) when the price of goods, services or works is fixed by the
government or any other authority, agency or body duly authorized by
the Government, on its behalf, and
(vii) for purchase of motor vehicle from local original manufacturers or
their authorized agents at manufacturer's price."
35 RPPs
RPPs
GENCOs PEPCO
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NEPRA NEPRA 36
1997 7 2006
RPPs NEPRA 37 NEPRA reference tariff
IPPs
1.10 1.9 371997
(a)(3)7 1997
1997 (6)7
1997 (17)2 31 1997
(6) 17 (2)
RPPs RPPs
I-
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1997
9 38 RPPs
II- I-
COD RPPs II-
(201 MW 51 MWI- (62 MW)(231.8 MW) COD
7%
COD
39Pakistan Power Resources, Guddu; Pakistan Power Resources,
Piranghaib, Multan; Techno, Sammundri Road, Faisalabad; Techno
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Project, Sahuwal, Sialkot; Young Gen, Faisalabad; Gulf Rental Power,
Gujranwala; Independent Power Limited; Kamoki Energy Limited;
Karkey Karadeniz, Karachi (Karakey-I); Premier Energy; Reshma
Power Generation, Manga-Raiwind Road; Ruba Power Generation,
Manga-Raiwind Road; Sialkot Rental Power, Eminabad; Walter Power
International, Karachi; Abbas Steel; Karkey Karadeniz, Karachi (Karkey
II); Techno-E-Power (Pvt.) Limited, Sammundri Road, Faisalabad-II;
Walter Power International, Naudero-I; and Walters PowerInternational, Naudero-II
40
ECC 2009-2010
Unsolicted
121/15/2009
41THIRD PARTY EVALUATION BY ADB
ADB
RPPs ADB
6 RPPs (1257mw) RPPs 8
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5 RPPs 9 19 ADB 27.01.2010
ECC
RPP
ECC
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RPPs SOLICITED RPPs
DISCUSSION OF EFFECTIVE RPPs
GUDDU (1)
07.07.2007 110 mwM/s Pakistan US 30
Power Resources (PPR) and M/s Progas Pakistan Ltd. (PPL) 30 0 3 . 1 1 . 2 0 0 7
11.11.2007(1) Capacity of 100 MW was changed to 100-125 MW with minimum
efficiency of 33%.
(2) Period 2 years was changed to 2, 3 or more.
(3) Eligibility condition of having similar experience for minimum of 3
locations was removed.
(4) Condition of depositing Security of Rs. 10 M or $ 0.17 M, was
deleted.
(5) Condition of Penalties for non-availability, delay in installation &
commissioning or variation in heat rate, was deleted.
(6) Condition of providing Operational Guarantee worth 10% of Base
Load Operation Cost for 2 years by the bidder was deleted.
(7) Process of price evaluation was changed.
(8) Bidder's responsibility to the extent of Operation and Maintenance
of equipment and Trouble free base load supply of electricity was
eliminated.
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(9) Bidder's responsibility to the extent of Transportation of equipment
to and from the site was eliminated.
(10) Guarantee for providing 92% of gas fuel was provided.
11.11.2007 0.17 10
01.12.2007 30.11.2007
12 10.12.2007
M/s Progas Pakistan Ltd., (a)M/s Pakistan Power Resources, and (b)
M/s Pak Oman Investment Company Karachi. (c)
01.01.2010 "On the basis of evaluation criteria, the bid offered by M/s Progas
Pakistan Ltd. as Option-I (125 MV) is lowest in tariff, on the basis of
Lump sum Contract Price, Rental Charges and Fuel Cost Component.
"Only M/s Pak Oman Investment Company qualifies the minimum US$
30 million Net Worth, while others do not.
"M/s Progas has offered 125 MW at reduced load operation, with other
option of 135 MW at full load offering an incentive in Rental Rates.
"Rental Service Contract may be awarded to M/s Progas Pakistan Ltd.
for installation of 135 MW net capacity on three rental years against
their guaranteed availability at 92% on gas fuel at proposed site of
TPS Guddu at 132 KV level.
In this connection, it is proposed to relax minimum criteria of US$ "
30 million Net Worth.
03.02.2008 M/s Pakistan Powe Resources
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"Based on rental charges & guaranteed heat rates offered by the
bidders, the overall cost (US Cents 7.640 per kWh) offered by M/s
Pakistan Power Resources is lower as compared to the offer (US
Cents 7.974 per kWh) of the next higher bidder.
"The rental value offered by M/s Pakistan Power Resources, at (US
2.717 per kWh) was 13%, which was lower than that of the rental (US
Cents 3.133 per kWh) for units of GE at Sheikhupura and PPR at
Bhikki, already in operation."A penalty clause be included in the contract agreement to penalize
PPR for failing to achieve the specified/required COD.
"It was unanimously agreed that offer by M/s Pakistan Power
Resources was the best offer and was accordingly approved. LOA may
be issued and the matter submitted to PEPCO, BOD for ratification.
150MWM/s PPR 06.08.2008 M/s PPR 11.03.2008 Payment Pakistan 23.02.2008
Power Resources, LLC and Central Power Generation Company Ltd.
11.12.2008 (CPGCL)
"Changes were made in the mode of payment through LC.
"The CPGCL have no right to cancel the contract within initial 8
months.
"In case of termination of the agreement by CPGCL, the buyer shall be
entitled to outstanding rent of 36 months.
"Maximum drawdown on SBLC during any one calendar month will not
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exceed a sum of US$ 1,872,466.
05.03.2009
"Requirement of confirmation of SBLC by a Financial Institution in UK
or USA in terms of clause 4.5(d) was waived.
"The seller waived the right to call the SBLC on account of defaults of
the Buyer, which had occurred prior to issuance of SBLC.
"Amount of SBLC as mentioned in section 4.5 was reduced from 93%
(US$ 67,408,766) to 86% (US$ 62,334,988) of the contract price."Down payment was increased from 7% to 14 %.
"Some amendments were made in the capacity/operation of Units.
2
11-10-07
RPP
250-300
43
24-10-07
29-10-07 22-11-07 7-11-07
RFO
RFO 192MW (net)
S50MC-C7MN B & W
RFO GE 11-12-07 Evaluetion Committee
(1) 04-01-08
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17-03-08
150MW RPP 192 MW
Award 24-03-08RPP
14-09-10 RSCs
CMA 3992/11
4 5(vi) 201014 1 CPGCL
1001, 771/- PPR 2
(b)
451,746
(a)
(d) 77143/- (c) 5328/- 200,000 (e) 267,494
NGPCL 44
2(g) Contract Act, 1872
"Contract"
ICB "Unsolicited"
ICB PPR, 2004 Contract
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12 2004 1 i
PEPCO ii RPP, 250-300MV 2
NPGCL 4.S(a) 311-06-09
4.5(a) 4
36 Letter of Credit 4.5 (C) 5
24-11-09 Rental Services fee payments SBLC
COD LOA 6
PPR 11,550,000 14,584,990
"Letter of Credit"
PPRs 1997 7
Capcity Cahrges
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Capcity NEPRA13-04-09 Charges
45.
NPGCL PEPCO
/ (3)
(NPGCL)
50
46.
11.10.2007 30
RFO 88% 15.05.2008
" 24.10.2007 / 47. 11.10.2007 "
07.11.2007 / 29.10.2007 04.11.2007 03.11.2007
(Supply of 20 21.11.2007 SSA sample)
-
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- 01.01.2008
RFO Option -I (MAN B&W)
Fuel cost component PEPCO
RFO 60%
30
15.05.2008
1.93
150 MW 132 KV Rental Services Contract
(LOA) 22.01.2008
Advance 22.01.2008 LOA
Sample rent Agreement 14.02.2008 14.02.2008
Sample rent agreement 14.02.2008
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ADB
KARKEY KARADENIZ ELEKTRIK (4)
PPIB 200 MW 48 17.05.2008 ICB
Walters Power International Karkey Karadeniz Elektrik Uretim A.S RSC 21.10.2008 (Tariff) RFP
12.05.2009 US$ 79.05 Million 05.12.2008 07.04.2010 08.12.2009 14.08.2009 COD RSC
23.04.2010 RSC PPIB 49
Fuel cost Component
Karkey Karadeniz 20.05.2010
"Venture into Secure, Profitable & Promising Power Sector of Pakistan
INVITATION FOR BIDS
1200 MW Fast Track Private Power Projects
"Package B:
Rental Power Project(s) of 200 MW cumulative capacity
near Karachi.
Capacity:
Rental power project(s) including barge-mounted plants of 200 MW
cumulative power generation capacity can be offered by the bidder(s).
One or more project proposals/bids will be considered, until the limit of
200 MW is attained.
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Fuel/Type:
The bidders may offer projects of any multiple fuel (Residual Fuel
Oil/Gas/Liquified Natural Gas/Liquified Petroleum Gas), technology
and type.
Near Karachi Site:
Project commissioning:
Project(s) are required to be operational within six (06) months from
issuance of Letter of Award (LOA).Term of Project(s):
The term of the project(s) would be 3-5 years.
Project Agreement:
The project agreement/contract for these projects would be in
accordance with those earlier executed by PEPCO for Rental Projects.
Evaluation Criteria:
For evaluation of bids and award under this package, similar approach
as that for Package-A would be followed, until cumulative capacity of
200 MW is reached.
Bidding Process Roadmap:
"The interested party/parties will be registered with PPIB after paying
US$ 100 (or Pak Rs. 7000) for each Package and purchase Request
for Proposal (RFP) after making a non-refundable payment of US$
2,000 (Pak Rs.140,000) for each Project. The registration process and
sale of RFP will be completed from 20th May to 19th June 2008.
"The interested party/parties will submit complete bid in accordance
with the RFP along with a refundable Bid Bond @ US$ 1,000 per
megawatt (MW) of proposed Gross (ISO) Capacity of the Project and
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non-refundable bid evaluation fee of US$ 20,000.
"Payments to be made through Demand Draft/Pay Order drawn in
favour of PPIB, payable at a bank branch in Islamabad Pakistan or
through wire transfer.
"PPIB reserves the right to reject any or all bids without assigning any
reason thereof."
Fuel cost component
XII & XIII M/s Karkey XII/XIII- "ANNEX - B
Attachment 12 to the Bid Letter
Proforma XII
Bidder's Offered Reference Tariff Table
Rental Power Project
Reference Tariff Table for Ranking Purpose
Fuel Year
Rental Rate ( per kWh) x 1.2
Total ( per kWh)
( per kWh)
18,6288 6,3500 10,2323 x 1.2 1.
18,6288 6,3500 10,2323 x 1.2 2.
18,6288 6,3500 10,2323 x 1.2 3.
18,6288 6,3500 10,2323 x 1.2 4.
18,6288 6,3500 10,2323 x 1.2 5.
Note:
1.The calculation of Fuel Cost Component and Rental Rate will be
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made according to the Proforma XIII
2.For conversion of Fuel Cost Component from Pak Rs. To US Cents,
the conversion rate of 1 US$ = 62 Pak Rs. Shall be used."
"Attachment 13 to the Bid Letter
Proforma XIII
Pricing - Lump Sum Rental Charges, Rental Rate and Reference Fuel
Cost Component
a)Pricing - Lump Sum Rental Charges for 60 Months Rental Term.
Year Fuel (per kWh) x
1.2
Rental Rate ( per KWh) Total (per kWh)
1. 10,2323 x 1.2 6,3500 18,6288
2. 10,2323 x 1.2 6,3500 18,6288
3. 10,2323 x 1.2 6,3500 18,6288
4. 10,2323 x 1.2 6,3500 18,6288
5. 10,2323 x 1.2 6,3500 18,6288
XIII Rental Rate Fuel Cost Component 1
62 Fuel Cost Compoenent 2
"Attachment 13 to the Bid Letter
Proforma XIII
Reference Fuel Cost Component - - 54
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60 (a)
b) Rental Rate
The Rental Rate 6,3500 US Cents/kWh based on the Lump Sum
Rental Charges given in the Table above is calculated using the
following formula:
Rental Rate (Cents/kWh) =
Lump Sum Rental Charges in US Dollars x 100
Net Capacity in MW x 1000 x Rental Term in years x number of hours
in year x Guaranteed Availability
Where:
Net Capacity of Rental Plant: 231.8 MW (net) at Mean Site Conditions
Guaranteed Available of Equipment: 93%
No. of Hours in a year: 8760"
value
Per kwh
50
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13/04/2009 NEPRA 60,000 10
Independent Power (pvt.) LTD Eminabad 5 PPIB 50 MW RPP100 MW IPP 51
26/09/2008
(a) Alstom Power Rentals for 200 MW project near 220 KV
Ludewala - Sargodha Grid Station
(b) Gulf Rental Power for 80.5 MW project adjacent to 132 Kv
Eminabad - Gujranwala Grid Station
(c) Independent Power Pvt. Ltd. for 220.97 MW project near 132 KV
Gojra - Faisalabad Grid Station
Letters of Award (LOA) 20-12-2008 PPIB 13/04/2009 NEPRA
Commercial Operat ion Date 19/09/2009 29-04-2010 31-12-2009 (COD)
ICB 24-01-2009 52
Fast Track Rental Power Project 18-02-2009
PPIB IPPs (iii) NEPRA
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(a)analysis of life-cycle investment
the projects
ICBIPPs RFP (b)
NEPRA (c)
ICB RPPs 24-01-2009 PPIB 53 NEPRA
NEPRA20-02-2009
Fast Track Projects (i)
PPIB IPPs (ii)
Rental Tarrif GOP (iii)
13-04-2009 NEPRA Section NEPRA
NEPRA 31(2)(a),(c)&(d) of the NEPRA Act
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Consumers
Electric Power Industry
13-04-2009 NEPRA
(i)
NEPRARFP ICB (ii)
NEPRA (iii) 60,000 10 (iv)
27-01-2010 IPL, RSC GENCO
54
/ (i) /
86 3 PRPCO (ii)
3 30 7% (iii)
7% (a)4.5 (iv)
30 30 7%
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7% 30
36 (C) 4.5 (v)
24-11-2009 2 SBLC
11.9 7% 13-04-2009 (vi) COD 19-02-2009 COD 31-12-2009 (vii)
COD 29-04-2009 NEPRA RFO (viii)
/ NEPRA (ix)
6
PEPCO 50 MW 55 I C B P P I B
8 10 23-12-2008 /
14-04-2009 / 55.27 06-09-2009 RSC 29-05-2009
31-12-2009 COD 03-10-2009 NEPRA COD
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/ RPPs / NEPRA 56
NEPRA 10 Sr. ASC
3 40 60 25
/ Unit Cost PE KWH
Gas HSFO (Residual Fuel Oil)RFO RPPs 57 RFO
Rs. 26,000
PFO
Rs. 26,000
RFO
RPPs KWH
I-
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RPPs kWh / NTDC RPPs
58
PEPCO
59231 14.57 48.33 201
7 1997 NEPRA 60
IPPS
RECOVERY FROM SAHUWAL, SIALKOT/SUMMUNDRI ROAD,
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FAISLABAD
RPPs RPPS 61
Techno-E COD Power Shauwal, SialkotTechno E Power Sahuwal, Sialkot-RPP, 150MW ICB
11.55 165 RPP 250-300MW
letter No. CEO/MZG/Rental/13481-84 dated 24.12.2010 7 GENCO RSC NEPRA NPGCL ICB RPP RSC
Techno E PowerPEPCO 7 18.9 14 135
30-10-2009 Tarrif
01-04-09
26-02-2008
COD 30-10-2009 LOA 135 COD 11-06-2010 60MW 30-07-2009 COD
M/s Techno COD NEPRA Power) Shomal Sialkot
RPPs Techno Sahuwal FIA
2011
14-01-2011 62 Techno E Power Showal 17-01-2011
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18-01-2011 300892500/-1701839 781357,500/-171838
GENCO
4781/11 5002/11 63
"Under the circumstances it is most respectfully prayed that this August
Court may graciously be pleased to pass appropriate orders based on
facts mentioned in the body/grounds of instant petition and Site Statusof the plant/machinery submitted by NPGCL and may pass direction to
NPGCL/WAPDA to refund the Advance money with markup received
7% Additional amount as per facts beside payment of remained 7%
Additional amount as per RSC/Amendment and also to comply with
notice of default and to fulfill all terms and conditions of the contract in
order to enable that petitioner company to generate and smooth
functioning of the plant to produce and supply electricity in Public
interest.
Further prayed to Declare that the submitting of false statement
contrary to the facts regarding import of machinery and plant in the
name of NPGCL and storage at WAPDA warehouse at site, is a case
of abuse of official powers and exercise of authority arbitrarily and with
ulterior motives and the concerned responsible of NEPRA succeeded
in obtaining favorable order from this August Court on 13.01.2011
which caused heavy injury and loses to the Petitioner Company and
resulted in heavy Miscarriage of justice and have been prima-facie
guilty of abusing of the process of this Court and are liable to be
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prosecuted."
RPPs 64
TECHNO E Power GENCOS
Techno E Power 65
RECOVERY FROM M/S YOUNG GEN
Ms.
Naudero-II
GUDDU
66
COD 1.26 Young Gen
2006 67
2002 1994
IPPS
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2006 16ECC
150 ECC-135/9/06 192
2008 27
68 1067 PEPCO 2257
1257 ADB
69
PEPCO
70
2.3 Request of Proposal Letter of Award
4.5(a)
36 Standby Letter of Credit
60
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71
PEPRA ENAA, ICE, FIDIC
72 6036 (GENCOs)
Standby Letter of Credit (SBLC) 35% SBLC
2008
11
RSC
SBLC
SBLC
(COD)
26
73
6036 14
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Withholding Tax Witholding Tax GENCOs
20=6+14
RSCs PPIB (LOAs) (RFP) 74 Bidder/Sponsor (2.3) GENCO's
LOA (PPIB) RSC 5.4 5.3
"4.5 Payment Terms and establishment of Letter of Credit-
a. the SELLER is eligible to obtain in advance a Down Payment
amounting to US$ [_______] i.e. 7% of Lump Sum Contract Price
for the Term of the Rental Services Contract (the "Down
Payment"), on submission of a bank guarantee valid until 30 days
after the Target Commercial Operations Date, in a form "A". the
aforesaid Down Payment amount of US$[________]shall be
deducted, in [36-60] equal installments of US$ [_______] each,
from the monthly rent payable to the SELLER by the Buyer. Buyer
shall release 7% Down Payment to be paid within ten (10) Days
after submission of Advance Payment Bank Guarantee by the
SELLER within five (5) days from the date of signing of this
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Contract.
b. The Lump Sum Contract Price as defined in Section 4.1 less
the 7% Down Payment will be divided into [thirty six -sixty] (36-60)
equal installments (the "Monthly Rental Services Fees") . From
and after the occurrence of Commercial Operation Date, the
SELLER shall submit an invoice to BUYER for Monthly Rental
Service Fee payment, on the 15th Day of each Rental Month. Uponconfirmation by BUYER of the amount payable against such
invoice net of any disputed amount, if any, to the operating bank
issuing the 'Letter of Credit' the SELLER shall draw on the 'Letter
of Credit', for such confirmed amount as anytime on 30th Day or
next business Day thereafter, following the Day the invoice is
delivered to BUYER."
6036 7% 75 (PPR)
(LOA) (PPIB) (GENCOS) 7%
7%GENCOS GENCOs GENCOs
(GENCO)(RFP) GENCOs(LOA)
GENCOs (GENCO)
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76 Financial Bill, 2008
49 5-6-2006 SRO No. 567(1)/2006
: Sammundri Rental Power Project (RPP). (1)Reshma Rental Power Project (RPP). (2)
Gulf Rental Power Project (RPP). (3)
Guddu Rental Power Project (RPP). (4)
Naudero-I Rental Power Project (RPP). (5)
Sahuwal Rental Power Project (RPP) (6)
Karkay Rental Power Project (RPP). (7)
Sheikhupura Rental Power Project (RPP) (Re-exported). (8)
Bhikki Rental Power Project (RPP) (Re-exported.) (9)
CED/FED / Rs. 410,169,668/-
Stand By Moblization 7% Letter of Credit
Advance
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Stand by Letter of Credit Stand by Letter of Credit 7%
SBLC
5 35%
7% SBLC II I 13 RFP
7%+7%=14%
78
RPPs ADB
14%7% ADB Invitation
ensure
14% 9RFPs
(reference value) 14% 79
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RPPs 80
6% Dawn Payment 7%-14%
[Karkey: Rs.35/- to Rs.50/-; Gulf:Rs.18/- to kWh 24 mw120 RPPs Rs.19/- and Naudero-I: Rs.12/- to Rs.19/-, ]NEPRA 7 1997
Consumer NEPRA NEPRA
NTDC
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2008 2006 81 RPPs
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PEPCO,JENCO, 1999
RPPs NEPRA
Rs.8,698.46 811.605mkWh Bhikki RPP 82 13,941.82 1520.420mkWhSharaqpur RPP
RPP 6 9 2008 RPPs
Techno Sahuwal, Guddu, Reshma, YoungGen
Karkey,Gulf and Naudero-II and Techno Sammundri ,
down payment Nadero-I 48.33mwKarkey
51MW 9.16MW 1 231MW 62MW 50.08MW
14.58 PIRANGHAB MULTAN Reshma
201.3MW 15MW
Karkery RPPS Noudero-1 18.19% 35.50%
RPPs 10.9.08 Ecc 12.18% 10 IPPs
120MW RPPs Ecc
KARKEY
RPPs Karkeh
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Sharagpn BhakkiNedro-11 Nedro-1Reshma
6878 Rs.8,689,224000/- 83Rs.445,496,000/- RPPs 224
84 GENCOs RPPs I
IPPs IPPs
IPPs GENCOs II
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RPPs II- I- III
PPRA/ (open competition)
RPPs (void ab initio)
RPPs 9 19 ABD IV COD RPPs 6 9
GULF I- Karki RPPs GULF
PPR COD
RSCs RPPs V CODRPPs
RPPs
7 GENCOs VI
RPPs 14 COD RPPs
RPPs VII
7 1997 61 51 81 31 GULF Karki Rs.18-19 Rs.35-52 1
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NTDC fuel cost component 2011
overhead
Regulation of Generation, Transmission and 24 9 Distribution of Power Act, 1997,
VIII 1997
RPPs 2008 2006 IXDown Payment
1997 249 14% 7% 7
1999
RPPs PPIB GENCOs X
sub-paragraph No.III, IX, X XI
Amicus Curiae 85
MNA 24 9
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