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Investor Presentaiton

ANNUAL REPORT P Private Power and Infrastructure Board ANNUAL REPORT 126th Meeting held on 21st November 2019 (i) The Board granted extension in Financial Closing date of following projects; (vi) Private Power and Infrastructure Board PPIB and CEO CPPA-G as Members. The Committee will consider and evaluate the actual need for raising Working Capital in the context of Company's financials and other necessary parameters and share its findings / recommendations with Power Division which will subsequently be presented for consideration / approval of the Board. Board ratified the approval of the Chairman PPIB / Federal Minister for Energy (Power Division) for drawing the salary and privileges of MD PPIB by Mr. Shah Jahan Mirza during the period of look after charge from 21st March 2019 to 17th July 2019. (vii) Board granted special relaxation in the experience for the position of Board Secretary from 12 years to 10 years. 127th Meeting held on 1st June 2020 (ii) (iv) (v) 1320 MW Thar Coal Power Project by M/s Thar Coal Block-1 Power Generation Company (Pvt) Limited (extension up to 31st December 2019) 1263.2 MW R-LNG Based Independent Power Generation Project near Trimmu Barrage, District Jhang, Punjab (extension up to 24th July 2020) Board approved the changes / improvements in the previously approved Implementation Agreement (IA) and authorized signing/execution of the IA and the Supplemental Agreement to the IA (SIA) by the Managing Director PPIB with Thar Coal Block-1 Power Generation Company (Pvt) Limited Board constituted a five Member Committee under Secretary Power Division with Sr. Joint Secretary, Finance Division, Member Energy Planning division, CEO CPPA-G and MD PPIB as Members. The Committee will discuss the matter with 1124 MW Kohala Hydropower Project (KHCL) and work out an amicable solution for all pending matters. Board directed PPIB to initiate the process of inviting EOI and to hire the required consultancy/advisory expertise for conduct of first ICB for Transmission Line and SS/GS or CS Projects, and for development of whole framework including EOI, RFP and SPDs etc., in collaboration with NTDC. Board further advised PPIB to arrange funds for the required services / assignments either through PSDP or its own resources. Board directed CEO CPPA-G to ensure payment of half the payable amount by 15th December 2019 to 84 MW Laraib Energy's Hydel Project so that the Working Capital Requirements do not arise. Board constituted a Committee comprising of Sr. Joint Secretary Finance Division, MD (i) Board granted extension in the Financial Closing date of following projects; 1124 MW Kohala Hydropower Project (extension up to 30th June 2021) 330 MW Thar Coal Power Project by M/s Thal Nova Power Thar Private Limited (extension up to 30th April 2020) 1320 MW Thar Coal Power Projects by M/s Thar Coal Block-1 Power Generation Company Private Limited (extension up to 31st March 2020) 330 MW Thar Coal Power Project by M/s Siddiqsons Energy Limited (extension up to 31st August 2020) 300 MW Imported Coal Power Project at Gwadar, Baluchistan (extension up to 31st January 2021) 41 42
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