K-Water Star Patrind HPP

Project Information
Country: Pakistan Location: Between Kunhar River and Jhelum river, Muzaffarabad district, Patrind
Technology: Large Hydro Development stage: Financial Closure
Status: Construction Number of system(s): 1
Captive facility: No Percentage captive: ..
Contract Information
Type of PPI: Greenfield project Subtype of PPI: Build, operate, and transfer
Contract period (years): 30 Termination year: 2046
Main revenue source(s): PPA/WPA payments Contract award method: ..
Bid criteria: Not Applicable Number of bids: ..
Renewal contract award method: Not Applicable Renewal bid criteria: Not Applicable
Government granting contract: Federal Renewal number of bids: ..
Financial Information
Project company: Star Hydro Power Ltd.
Publicly traded: No Stock market: N/A
Type of government support: ..
PPP project: Yes Related infrastructure by government:
PPP part of public project: No Key features of guarantee:
Key features to support revenue/reduce cost: 30 Year PPA with NTDC Total cost of public project:
PPP type: Services contracted by the government Concession period type: Fixed concession Period
Banks/funds involved (depth financing): Other Export Credit Agency
Commissioning date: 2016 Project grid: Pakistan
Carbon credits: No

Sponsor Details

Sponsor % Ownership Country of origin
Korea Water Resources Corporation 80 Korea, Rep.
Others 20

Project Investment History (proposed investment listed for pipeline projects)

Year % private Payment commitments to the government * Investment commitments in physical assets Capacity Type Government cash subsidy commitments
2012 100 .. 436 147 MW ..

Multilateral Support Details

Column1 Column2 Column3 Column4
2012 ADB Loan 97
2012 IDB Loan 60
2012 IFC Loan 60
2012 MIGA Guarantee 149

Funding Details

Funding year Private debt funding Capital grants Government funding Local public bank funding Donor funding Debt equity grant ratio Private equity funding
2012 109 .. .. .. 327 75/25 140