Opportunities in Punjab
Punjab with population of 93 million is the largest province of Pakistan and contributes 60 % of the GDP. It has a large industrial base with more than 48,000 units. There is a growing un-met demand of energy which offers an opportunity for investments in power generation projects based on various indigenous sources:
|Biomass, Biogas and Waste to Energy|
Policy and Institutional Framework:
Punjab Power Generation Policy - Government of Punjab has developed and an enabling power policy to facilitate investment in this vital sector. Punjab Power Policy 2009 provides a framework for the development of power plants in both public and private sector as well for joint venture projects. The policy is intended to promote all types of technologies including hydel, coal, solar, wind and bio-mass. Hydel projects in the private sector would be implemented on Build-Own-Operate-Transfer (BOOT) basis while other projects in the private sector can be established on either BOOT basis or on Build-Own-Operate (BOO) basis.
Incentives: Power generation companies are allowed to import plants and equipment @ 5% duty (0 % for renewable energy) with exemption on sales tax. Other incentives include: income tax exemption for life; full repatriation of profit plus investment; international arbitration awards enforceable under law; hydrological risk borne by the government; minimum 15% ROE guaranteed net of taxes (US$ based).
Punjab Power Development Company Limited - The Government of Punjab has established Punjab Power Development Company (PPDCL), a government owned company registered with the Security Exchange Commission of Pakistan (SECP), to develop power projects in public sector as well as in public-private partnership mode.
Punjab Power Development Board - The Punjab Power Development Board (PPDB) has been established as "One Window Facilitator" to promote and encourage private sector's participation in the power sector.
For further information please contact:
Punjab Power Development Board.
Old Anar Kali, Lahore,
Ph: +92 42 99213885-6
Fax: +92 42-37336655
|Punjab Energy Investment Opportunities (Presentation MS-Power Point)|
|Governing Laws & Policies|