Pakistan Hawa Wind Project

The Hawa Wind Project is the third 49.7MW wind farm acquisition in Jhimpir, Sindh in Pakistan after DAELIM Energy’s (DE) previous two 50MW Wind Project acquisitions in the same area on 2015.

The project’s EPA execution, the 20 years BOO (Build, Own, and Operate) with the Pakistani government affiliated power purchasing agency CPPA, was done on July 2016, while the financial close with OPIC (75% of total investment) was completed on August 2016.

Hawa Wind Project will begin groundbreaking on 4Q 2016 targeting for its planned commercial operation on 1Q 2018. Major Shareholders are Hawa Investments Ltd, JS Group, and EMA Power Investment of which EMA Power Investment*, co-founded in Dubai by DAELIM Energy & IDB Infrastructure Fund II, holds 35% of Hawa Wind project’s equity (of which 17.15% owned by DE and 17.85% owned by ASMA).

Total investment cost for the project is US$ 127 million of which approximately US$ 11 million was invested by DAELIM Energy's JV Company, EMA Power Investment and approximately US$ 96 million was financed by OPIC (Overseas Private Investment Corporation).

Beginning its first commercial operation on 1Q 2018 (planned), Hawa Wind Project aims to alleviate energy shortage problems in Pakistan.

Pakistan Hawa Wind

Business Outline

Business Outline
Company Name Hawa Energy (Pvt) Ltd.
Location Jhimpir, Sindh Province, Pakistan
Generation Type Wind
Capacity 49.7 MW (1.715MW x 29)
EPA Execution 2016. 07
Financial Close 2016. 08
Commercial Operation Date 2018. 1Q (Plan)
EPC Contractor Power China Huadong Engineering
Turbine Supplier General Electric
Major Shareholders Hawa Investments Ltd , JS Group,
EMA Power Investment*

(*) EMA Power Investment 35% = DE 17.15% (49%) + ASMA 17.85% (51%)