1. PRESENTATION 6,600 MW Gaddani Pakistan Power Park N A ZUBERI
CHIEF EXECUTIVE OFFICER
PAKISTAN POWER PARK MANAGEMENT COMPANY LIMITED
Nov 18, 2013 1

2. CONTENTS Power Demand and Supply Why Power Park at Gaddani
Salient Features of Pakistan Power Park at Gaddani Park
Conceptual Layout
Business Model
Projects Parameters
Cost Estimates
Investors Interest
Progress on Pakistan Power Park at Gaddani 2 2

3. POWER DEMAND & SUPPLY ANALYSIS
NTDC has projected a demand of 31,757 MW by the year 2020.
During Year 2012:
Maximum Capability of the system was MW (4th October 2012)
Maximum Demand was (23rd June 2012)
Maximum Supply was 14,756 MW (August 2012)
Maximum Load shedding was 8393 MW (17th June 2012)
Even if the maximum capability of MW is assumed, the country would still need additional MW (net) be required by the year 2020.
Therefore there is need to evolve a blue print for development of base load mega projects private sector or public Sector 3 3

4. POWER PARK INITIATIVE
Problem: Huge shortfall in base load of approx. 10,000 MWs by 2020
Hydropower: Although cheap in the long run, but suffers from
Long gestation period
Seasonality and plant factor of 50% or less
Gas: Imported gas, LNG, is much more expensive than coal.
Solution: Only Coal or Nuclear power can address this deficit.
Coal is only viable option. 4 4

5. WHY POWER PARK AT GADDANI
Salient Features of the Location:
Gaddani has been earlier recommended by three reputable independent consultants:
For Wapda: Study conducted by Shanigan Integ in 1986 for 4,000 MWs
For Mitsui/Malakoff: Study by Sargent & Lundy in 2006 for 1,200 MWs
For AES Corp: Study by PB Power in 2006 for another 1,200 MWs
AES and Mitsui recommended 660 MWs, supercritical, pulverized coal platform.
Gaddani potential: Approximately 6,600 MW 5 5

6. PAKISTAN POWER PARK – APPROVAL /SALIENT FEATURES
The Prime Minister of Pakistan approved the concept of 6600 Pakistan Power Park at Gaddani on July 26, 2013.
The Pakistan Power Park will have
Dedicated jetty,
2x 660 MWs in Public Sector
8x 660 MWs to be developed as IPPs and
Common facilities of jetty, coal conveyer system, cooling water, switchyard, ash disposal, transmission infrastructure and residential facilities.
Pakistan Power Park Management Company Limited (PPPMCL) will be responsible for developing and maintaining all infrastructure at Pakistan Power Park. 6 6

7. Conveyers Shipping and Coal Supplier
Common Water Supply
Shipping and Coal Supplier
Ash Disposal and Recycling it into Useful By Products
Common Switchyard
Housing & Amenities
Cooling Water Intake
660 MW Public Sector
Separate Coal Storages (Live) for each IPP
(maintained by each IPP separately)
660 MW Public Sector
660 MW IPP
660 MW IPP
660 MW IPP
Jetty
Breakwater
660 MW IPP
Conveyers
660 MW IPP
660 MW IPP
660 MW
IPP
Pakistan Power Park: Typical Configuration
Subject to Consultant’s review.
660 MW
IPP

8. CONCEPTUAL VIEW OF POWER PARK

9. COAL DELIVERY SCHEME

10. Pakistan Power Management Company Service Sharing Agreement
BUSINESS MODEL
GoP
Pakistan Power Management Company
Jetty
Cooling Water
Land
Switch Yard
NTDC
Transmission Line
Land
GoB
Service Sharing Agreement
Coal Supplier
IPPs
PPIB
CSA IA
PPA
CPPA
CSA: Coal Supply Agreement
PPA: Power Purchase Agreement
IA: Implementation Agreement

11. Pakistan Power Park Figures are Approximations. Not drawn to scale.
Land ownership, public / private, might have changed..
Pakistan Power Park
1,800 Acres

12. THE PROJECT SITE
About 5000 acres of land will be required for Pakistan Power Park.
GOB to provide land as equity in Project company. 12

14. LAND OWNERSHIP CLASSIFICATION LAND OWNERSHIP CLASSIFICATION LAND
AREA IN PERCENTAGE
AREA IN PERCENTAGE
LAND
AREA (acres)
PERCENTAGE
GOVERNMENT
44.64%
PRIVATE
23.28%
PERAC
(State Petroleum Refining & Petrochemical Corporation Iran-Pakistan)
1764.4
32.08%
LAND
AREA (acres)
PERCENTAGE
GOVERNMENT
69.61%
PRIVATE
1672
30.40%

15. PARAMETERS OF POWER PARK AT GADDAI
Indicative parameters based on previous studies at Gaddani
Land Acres
Coal Requirements;
10 x 660 MW 20 Million Tons
Coal Consumption Kg/Kwh
At 80% Plant Factor Tons/day
At 60% Plant .Factor Tons/day
Coal Calorific Value k.cal/kg
Quantity of Ash Million Tons/Year (at 80% P.F) 15 15 15

16. PARAMETERS OF POWER PARK AT GADDAI
Water Requirements for Gaddani Power Park
Cooling Water flow to Condenser cusec
Sea water flow to desalination 25 cusec
Potable Water Supply to Plant cusec
Waste Water Flow cusec
Total cusec
Plan Efficiency 42% 16 16 16

17. PARAMERTERS OF POWER PARK AT GADDANI
Sea Depth
Distance from Shore Line Sea Depth
1.7 km m
3.5 km m
5.25 km m
7.0 km m
Ship Size Panamax Capsize
Pana Max 60,000 Tons 100,000 Tons 17 17 17

18. NTDC: Proposed Park Power Evacuation Plan
Khuzdar
600 KV HVDC
600 KV HVDC
600 KV HVDC
NTDC: Proposed Park Power Evacuation Plan
JAMSHORO

19. INDICATIVE INVESTMENT ESTIMATES
Pakistan Power Park: Major Components
Jetty and related marine infrastructure USD 500 – 700 million
Park’s onshore infrastructure USD 100 million
Transmission Line USD 3 – 4.43 billion
2x660 MW Project in public sector USD 1.8 billion
8x660 MW Projects in private sector USD 7.2 billion
Total USD 13.8 billion
Note: These are very Preliminary and Rough Estimates and will change considerably as design is finalized and costs are firmed up.

21. PAKISTAN POWER PARK RESPONSIBILITIES
Steering Committee
Overseeing
Under Prime Minister
Transmission Line
Gaddani-Lhr. Fsd 600 KV HVDC
NTDC
PPPMCL
Dev., Operation & Maintenance of Park
BOD, CEO, PD
Power in Public Sector
2 x 660 MW & Import of Coal
GENCO
Power in Private Sector
8 x 600 MW & Import of Coal
IPPs

22. STEERING COMMITTEE Prime Minister of Pakistan Chairman
Federal Finance Minister Member
Federal Minister for Water & Power Member
Federal Minister for Petroleum & NR Member
Chief Minister Balochistan Member
Special Assistant to Prime Minister Member
Mr. Shaukat Tarin Member
Secretary Water & Power Member 22

23. GOP Guarantees obligations of power purchaser and provinces
INCENTIVES FOR INVESTORS INTERESTED IN DEVELOPMENT OF POWER PROJECTS AT PAKISTAN POWER PARK GADDANI
Exemption from Corporate Income Tax, Turnover Tax and Withholding Tax, no Sales Tax, only 5% concessionary Import Duty on plant & equipment not manufactured locally
GOP Guarantees obligations of power purchaser and provinces
GOP provides protection against Political Force Majeure, change in law and Change in duties & taxes
GOP allows 18% Return on Equity for coal based power projects.
Payment of compensation in case of termination due to GOP Event of Default
Tariff adjustments for variation in currency exchange rates and fuel prices
Tariff indexation for inflation (US CPI & Pak WPI)
Government ensures conversion of Pak Rupee & remittance of foreign exchange for project-related payments
Standardised Implementation and Power Purchase Agreements clearly delineating risks between various stake holders. 23 23 23

24. MODALITIES FOR PROCESSING PRIVATE POWER PROJECTS
International Competitive Bidding
Pursuant to Guidelines 2010
Upfront Tariff to be Determined by NEPRA for Gaddani Power Park

25. PAKISTAN POWER PARK: INVESTOR INTEREST (1/3)
Following Investors have shown interest in power projects in Gaddani Power Park offices:
JV M/s Qatar Investment Company (QINVEST)
SEPCO III Electric Power Construction Corporation, Senior Officers
Power Construction Corporation of China, Senior Officers
Doosan Power Systems India Pct. Ltd., Senior Officers
Hyundai Engineering Co. Ltd., Senior Officers
NEXIF (InfraCo) Management Pte. Ltd. Seniors Officers
Tritek Engineering (Pvt) Ltd., Senior Officers
Premium Energy, Senior Officers
Harbin Electric International Co. Ltd., Senior Officers
China Gezhouba Group Corporation, Senior Officers
Mitsui & Company Ltd., Senior Officers
House of Habib Karachi
M/s J-Energy (M/s Bright Eagle Enterprises Group Limited)
M/s Galaxy Renewable Electric Co. (Pvt.) Limited

26. PAKISTAN POWER PARK: INVESTOR INTEREST (2/3)
M/s China Energy Engineering Group Co. Ltd
M/s Global Benefit Sdn. Bhd.
Nippon Koei Co. Ltd.
China National Electric Equipment Corporation (CNEEC)
Group of Investors from Italy
Eurocon International General Trading (LLC)
Nurol Group Turkey
Techno Promo Export - Russian
Viviridis
JCP Group – China
Fauji Fertilizer Company Limited
Pows China International
Inter Rao Engineering
Taba Group, Karachi
Ali Baqr Dubai
China Power International
Nishat Group of Companies

27. PAKISTAN POWER PARK: INVESTOR INTEREST (3/3)
Following Investors visited PPPMCL office:
SEPCO III Electric Power Construction Corporation, Senior Officers
Power Construction Corporation of China, Senior Officers
Doosan Power Systems India Pct. Ltd., Senior Officers
Hyundai Engineering Co. Ltd., Senior Officers
NEXIF (InfraCo) Management Pte. Ltd. Seniors Officers
Tritek Engineering (Pvt) Ltd., Senior Officers
Premium Energy, Senior Officers
Harbin Electric International Co. Ltd., Senior Officers
China Gezhouba Group Corporation, Senior Officers
Mitsui & Company Ltd., Senior Officers

28. PROGRESS – POWER PARK AT GADDANI
Momentum generated
NESPAK hired as the Consultant who has completed Site Survey, Topographic Survey, and Revenue Survey; whereas it has started preparation of Master Plan & Feasibility study
GoB work on land acquisition in progress.
A committee has been constituted to formulate Private Power Transmission Policy
Many Investors have approached PPIB for issuance of LOI/LOS.

29. PAKISTAN POWER PARK
Thank You