Iranpak Wind Farm, Pakistan

Iranpak Wind Farm is a 50MW onshore wind power project. It is planned in Sindh, Pakistan. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	50	–	50	Permitting	Sindh, Pakistan	Iran-Pakistan Wind Power

Description

The project is being developed and currently owned by Iran-Pakistan Wind Power.

The project is expected to generate 164,775MWh of electricity. The project cost is expected to be around $88.657m.

The project will have 98m high towers.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2023.

Power Purchase Agreement

The power generated from the project will be sold to Central Power Purchasing Agency under a power purchase agreement.

Contractors Involved

HydroChina International Engineering is expected to render EPC services for the wind power project.

Siemens Gamesa Renewable Energy will be the turbine supplier for the wind power project. The company is expected to provide 25 units of G114-2.0 MW turbines, each with 2MW nameplate capacity.

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.