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- Final feasibility study
completed in December 2008 by Joint Venture of
National and International Consultants.
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Private Power and Infrastructure Board (PPIB) issued
LOI to China International Water and Electric
Corporation (CWE) on 15.01.2009 for updation of
feasibility completed by WAPDA Consultants.
- Detailed
Engineering Design and Tender Documents completed in
November, 2009 by the same Consultants.
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Demand of Rs. 570 Million forwarded to PPIB for
reimbursement as expenditure for preparation of
Detailed Engineering Design and Tender Documents.
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Wapda hired Consultants for registration of project
with UNFCCC to acquire carbon credit as decided
under CDM Kyoto Protocol.
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ECC considered the summary on 27.09.2010 submitted
by MOW&P for approval of project for execution in
private4 sector by CWE.
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WAPDA made a presentation to MOW&P through its
letter dated 08.06.2010 by pointing out that process
for the allotment of Kohala Hydropower Project to
CWE for its development in private sector is
not in accordance with Power Policy 2002 and PPRA
Rules, as no open bids were sought because the
feasibility of the project was prepared from GOP
funds.
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In a meeting convened by Secretary MOWP on
22.12.2010, it was decided that MOW&P would seek
advice from Law Division if PPRA rules are
applicable in AJK territory or otherwise and meeting
of ECC on Kohala would be conducted thereafter.
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Views of Finance Division, Planning and Development
Division and Law Division Government of Pakistan
regarding MOU were that there should be no
preferential policies to allow a single party and
projects should always be developed on International
Competitive basis.
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After the meeting held under the Chairmanship of
Secretary MOW&P on 25.02.2011, the Chairman WAPDA
coordinated with CWE for seeking any option for
implementation of Kohala Project Jointly by WAPDA /
CWE under PPP mode. The CWE agreed to give a share
of 5 to 10% to WAPDA.
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Ten copies of final EIA report have been submitted
to EPA, Azad Jammu & Kashmir after incorporating
their comments alongwith processing fee of Rs.
30000/- regarding issuance of NOC for project
implementation.
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Approval of PC-I is under process wihich is
prerequisite for Clean Development Mechanism (CDM)
for registration with UNFCCC for Carbon Credits
Income.
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The ECC considered the Summary dated 16 June 2011,
submitted by MOW&P on 1100 MW Kohala HPP and
endorsed the decision of the AJ&K Council for the
development of Kohala HPP and as per opinion given
by Ministry of Law, Justice and Human Rights as
proposed in the Summary.
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As demanded by PPIB vide their letter dated
08.08.2011, audited expenditure is to be submitted
to PPIB for reimbursement from the Sponsors of the
Proje ct which is under process.
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After change of ownership of Kohala, M/s Perenia,
the CDM Consultants have demanded that WAPDA may
approach PPIB in order to obtain written assurance
from CWE China so that they may be bound to abide by
all the rights and obligations described in the
original Consultancy Contract with WAPDA without any
loss to M/s Perenia and /or its Constituent
companies.
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In response to audit of expenditure incurred on
Feasibility Study etc. PPIB informed that the
process of hiring of auditors will be initiated
shortly.
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A meeting regarding change of ownership of Kohala
HPP from WAPDA to CWE China was held on 26.12.2011
and following was decided:-
-Both the Consultants (Perenia and CWE) shall submit
their comprehensive reports and progress.
- Both the Consultants shall submit their respective
agreements to PPIB for review.
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