Saturday, November 1, 2014

Saif Power Limited Initial Public Offering

Brief Facts

The Company achieved Financial Close in September 2007 and Commercial Operations Date (“COD”) was achieved on April 30, 2010. Plant operates on dual fuel, Gas and HSD.
The plant has two gas turbines and one steam turbine.  Gas Turbines are 6 FA machines from GE which have the one of the highest fuel efficiency of all the current turbines in Pakistan’s market.  Steam Turbine is from Siemens and the Complex fuel efficiency on Gas is 51.2% and 48.5% on HSD.  Again, the Complex Efficiency is among highest in Pakistan market.  The cost of fuel is a pass through item as determined by the Regulator – National Electric Power Regulatory Authority (NEPRA). The complex has gross capacity of 225 MW (ISO) and net capacity at site of 209.786 MW.