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Pakistan: Triconboston Wind Power Project

Nonsovereign (Private) Project | 50200-001 Status: Active

The project involves the construction, commissioning and operation of three 50 MW wind power projects located in Thatta District, Sindh Province, in the south of Pakistan (the projects). The projects are jointly being developed by the Sapphire Group, a well-respected conglomerate in Pakistan with business interests in textiles, food, and power (both thermal and renewables), and Bank Alfalah Limited, Pakistan's sixth largest private bank (collectively the sponsors) through Triconboston Consulting Corporation, a special purpose vehicle (SPV). Following a competitive bid, Hydrochina Corporation has been shortlisted for finalization of the EPC contract (with General Electric to provide wind turbine generators). All three projects will have same EPC and O&M contractors.

Project Details

Project Officer
Ahmed, Salman Private Sector Operations Department Request for information
Country
  • Pakistan
Sector
  • Energy
 
Project Name Triconboston Wind Power Project
Project Number 50200-001
Borrower/Company Triconboston Consulting Corporation (Private) Limited
Country Pakistan
Location Nation-wide
Type or Modality of Assistance
3448 Loan Ordinary capital resources USD 75.00 million Committed
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Energy / Renewable energy generation - wind

Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Portfolio Management Division, PSOD
Responsible ADB Officer Ahmed, Salman
Project Sponsor(s)
Description The project involves the construction, commissioning and operation of three 50 MW wind power projects located in Thatta District, Sindh Province, in the south of Pakistan (the projects). The projects are jointly being developed by the Sapphire Group, a well-respected conglomerate in Pakistan with business interests in textiles, food, and power (both thermal and renewables), and Bank Alfalah Limited, Pakistan's sixth largest private bank (collectively the sponsors) through Triconboston Consulting Corporation, a special purpose vehicle (SPV). Following a competitive bid, Hydrochina Corporation has been shortlisted for finalization of the EPC contract (with General Electric to provide wind turbine generators). All three projects will have same EPC and O&M contractors.
Objectives and Scope By providing much needed power to a country facing a severe power shortage, which is adversely affecting economic growth, the project has direct and indirect benefits by incrementally increasing access to energy for households, businesses, and industry. It will alleviate poverty through skilled and unskilled job creation and other associated economic activities. The project will also help realize GoP's target of 6% renewable energy in the country's energy mix by 2030, as stated in the Medium Term Development Framework. By using wind energy, the project will diversify the country's fuel mix away from its current heavy dependence on (imported and price volatile) fossil fuels. It will also help the country to attain a diverse fuel mix using indigenous and renewable sources of power, which is needed to develop a balanced and robust power supply system with hedged power generation prices in the medium and long term.
Status of Operation/Construction ADB's loan agreement was signed 10 April 2017, and Financial Close was subsequently achieved. Project achieved COD on 14 Sep 2018.
Linkage to Country/Regional Strategy ADB''s assistance to the project will promote private sector participation in Pakistan's renewable energy sector specifically under the newly notified FIT regime. The project will be developed under the Renewable Power Policy 2006 and the FIT regime announced by the government in October 2015. Successful implementation of the project will foster confidence amongst potential investors and lenders (noting that most commercial banks are still shy of long-term lending in Pakistan) and promote further private sector investment in the country's renewable energy sector. The project will also provide positive socio-economic development by offering skilled and un-skilled employment opportunities to people within the local community during construction.
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects The project is classified as category B for environment. The site is not considered to be along a major fly route for migratory birds and there are no known bat populations in the vicinity. Potential environmental impacts during construction are generally site-specific, reversible, and mostly occur during the construction stage where mitigation measures can be readily designed and implemented. Potential noise and shadow flicker impacts during operations are expected to be within acceptable limits and will be monitored. An environmental management and monitoring plan has been prepared.
Involuntary Resettlement The Government of Sindh leased three contiguous parcels of land totaling 3,852 acres to TBCC for the development of the project. The Project will not require any physical or economic displacement. The lease area is uninhabited and agriculturally unproductive. A portion of the lease area has been used for opportunistic grazing, when intermittent rain has produced edible foliage. Other grazing grounds are available to herders in adjacent areas while Project site access will also remain accessible to them within health and safety limits. The seven kilometer transmission line will be constructed by the government on government land and is not expected to impact on any individual or household.
Indigenous Peoples There are no socio-cultural groups in the project area who may be considered as tribes, minorities or indigenous communities.
Stakeholder Communication, Participation, and Consultation Stakeholder consultation was done in 2013 and was carried out as part of the IEE study. The activity was primarily undertaken to inform the stakeholders about the proposed project, obtain their views, concerns and recommendations; and address/incorporate them in the project design. Among the key issues raised include employment opportunities and CSR activities that will be implemented by the project sponsor. This activity will be continuously done especially during construction and operation so that issues and concerns of the community can be timely addressed. A grievance redress mechanism has been established to provide the local community a venue to raise concerns and grievances in a transparent manner.
Timetable for assistance design, processing and implementation
Concept Clearance 08 Jun 2016
Credit Committee Meeting 19 Sep 2016
Approval 27 Oct 2016
Last PDS Update 15 Sep 2020

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.

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Title Document Type Document Date
Triconboston Wind Power Project: Initial Poverty and Social Analysis Initial Poverty and Social Analysis Mar 2017
Triconboston Wind Power Project: Report and Recommendation of the President Reports and Recommendations of the President Oct 2016

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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