Quaid-e-Azam Solar Power (Pvt.

) Limited

100MW Quaid-e-Azam Solar Power (Pvt) Ltd. 1

QASPL Background
 Quaid-e-Azam Solar Power Limited (“QASPL”), having a total capacity of 100 MW, was incorporated in Punjab, Pakistan on 16
September 2013 under the Companies Ordinance, 1984

Key timelines Project Cost & Project Contractors

Sep, 2013 Company Incorporated EPC Cost PKR 13,301 Mn

NEPRA granted company generation license for Non-EPC & Project

June 26, 2014 Development Cost PKR 1,771 Mn
25 years
Total Project Cost PKR 14,947 Mn
Project Completed successfully and Energy
April 07, 2015
Export started to National Grid
EPC & O&M Contractor TBEA Xinjiang Sunoasis Co. Ltd.
Energy purchase agreement & Implementation
July 08, 2015
agreement was signed with CPPA
July 14, 2015 The testing of the plant was completed
Commercial Operations Date (COD) was
July 15, 2015
achieved

2
 Overview of QASPL

Rs 22.4 b Rs 1116.8
Electricity Sale
9.886 b GWh
AA
Y1-Y5 since inception
Y6 (Sep) Net Profit Credit
Y1 – Y6 Rating

100MW Quaid-e-Azam Solar Power (Pvt) Ltd. 3

Quaid-e-Azam Solar Power (Pvt) Ltd.
Targets 2020-2021
Chart Title
166 3

165.5
165
165
2.47 2.5
164 164.4

163 2.04 2
1.78
162 162.2
1.5
161 1.39

1.14
1.02 160.5
160 1
160

159
0.5
158

157 0
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6

Energy Yield (GWh) Net Profit (In Billion)

Peak Power Output

Energy Production: 512.53 MWh

76 MWp AC

100MW Quaid-e-Azam Solar Power (Pvt) Ltd. 5

 Comparison of Production Outputs (July till Dec)
74.5
74.3
Output
in GWh 74

73.69
73.5

73

72.7
72.5
72.3 72.3
72.1
72

71.5

Year-1 Year-2 Year-3 Year-4 Year-5 Year-6

71
Sum of Generation (July to Dec)

Year-1 Year-2 Year-3 Year-4 Year-5 Year-6

 Performance Ratio
79
78.2
78 77.54 No LDs.

77 PR Shortfall
LDs recovered PR Shortfall
76.89 No LDs 76.76 No LDs.
LDs recovered
76.24 76.27
from TBEA PR Shortfall
from TBEA LDs recovered
from TBEA
76 75.59 75.72
75.25 75.25 75.38
74.94
75 74.59
74.25
74

73

72
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 (Till
January 2022)
Target PR Actual PR Linear (Actual PR)
• Continuously Increasing trend of Annual PR due to better O&M
• PR Target Achieved in Year-04 & Year-05 with No PR Shortfall LDs. Successful PR achievement for
2nd consecutive year.
 Quaid-e-Azam Solar Power (Pvt.) Limited.

1 st
and only Solar Power Plant
of Pakistan to get registered
successfully with CDM-
UNFCCC in 2018.
Contributing towards
sustainable development
goals and improvement
of local environmental
conditions in Pakistan.

95,238 Tons of CO2 being reduced annually.

1 Ton of CO2 Reduction = 1 CER (Certified Emission Reduction)

2.9 M USD
Additional Revenue in term of sales of Carbon Credits annually
@1 CER ( 1 ton of CO2 reduction) = USD 31.26 (as of 02-July-2020)
 Major Achievements of QASP Team
• O&M Improvements resulted in better plant performance
– Improved maintenance of Transformers and inverters.
– Increased cleaning Cycles with efficient soiling loss monitoring.
– Reduction of power losses as a result of replacement of Combiner
box fuses (1300 boxes).
– Started plantation at site to further minimize the soiling losses.
• Addition of 2MW power
– Successfully negotiated addition of 2MW power from TBEA for
improvement of PR and increase in Energy Export. Additional power
commissioned on 06-May-2018.
– CDM Registration
– Completed registration with UNFCC from Clean Development
Mechanism (CDM) for trading of Carbon Credits.
 QASP Senior Management Team
• M. Badar-ul-Munir Chief Executive Officer
• Sheraz Munir Chief Internal Auditor
• M. Hassan Askari General Manager Plant
• Col(R) Hassan Malik Manager Security (Bahawalpur)
Company Manpower
Head Office Site (Bahawalpur) Total
33 19 52
 TBEA O&M Site Team
• Zhu Jiangang O&M Manager
• Naveed Farooq Technical Manager (Pakistani)
• Adeel Ahmad Assistant Manager (Pakistani)

Company Manpower
Head Office Site (Bahawalpur) Total
05 25 30
THANK YOU