Sachal Energy Development (Pvt.) Limited
Sachal Energy (SEDPL) will commission and operate a 50 MW wind farm at Jhimpir, Sindh.The Group believes that alternate sources of energy are the way forward. SEDPL will contribute to national development by reducing dependence on imported fossil fuels and producing 136.5 GWh yearly of clean energy.
The Company has acquired generation license and tariff determination by NEPRA and has received a Letter of Support from the Alternate Energy Development Board (AEDB). Similarly, the Company has executed its EPA with NTDC and IA with AEDB. Furthermore, foreign and local financing facility agreements with Industrial and Commercial Bank of China were signed in February 2015 and May 2015 respectively. SEDPL is registered under the Clean Development Mechanism (CDM) registration within the framework of the Kyoto Protocol with UNFCCC and currently it is in the process of registration with the Gold Standard Foundation.
The wind farm is under installation and is expected to be on stream by 2017.