Artistic I is a 62.606MW hydro power project. It is planned on Panjkora river/basin in Khyber Pakhtunkhwa, Pakistan. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 62.606 | – | 62.606 | Permitting | Khyber Pakhtunkhwa, Pakistan | Artistic Hydro I |
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Description
The project is being developed by Artistic Hydro I and is currently owned by Artistic Milliners.
Artistic I is a run-of-river project. The penstock length will be 50.5m. The penstock diameter will be 5.05m. The project is expected to generate 302 GWh of electricity. The project cost is expected to be around $236m.
Artistic I (Unit-1) consists of 1 unit of francis turbine with 23.455MW nameplate capacity.
Artistic I (Unit-2) consists of 1 unit of francis turbine with 23.562MW nameplate capacity.
Artistic I (Unit-3) consists of 1 unit of francis turbine with 15.589MW nameplate capacity.
The project consists of 3 generators.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to Central Power Purchasing Agency under a power purchase agreement.
About Artistic Hydro I
Artistic Hydro I Pvt Ltd (Artistic Hydro I) specializes in power and electricity generation, transmission, supplying, production, and distribution services. The company is headquartered in Pakistan.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
