Project
Green Energy
And Enabling Communities
50+
MegaWatts
166.4 GWH
generation of green energy
25 Nos
Siemens Gamesa 2MW wind
turbine generators
LAKESIDE ENERGY LIMITED
WINDLakeside Energy Limited, a 50MW wind power project located in Jhimpir Wind Corridor in the province of Sindh, Pakistan consists of 345 acres of land. Construction of the project commenced on 15 July 2020. Whereas, commercial operation started on 14 April 2022. Project is developed as an Independent Power Producer (IPP) under cost-plus tariff regime awarded by National Electric Power Regulatory Authority (NEPRA). Project has entered into an Energy Purchase Agreement for a term of 25 years to sell all of its generated green energy to Central Power Purchasing Agency (Guarantee) Limited
read moreProject has installed 25 Siemens-Gamesa G114-2.0 wind turbine generators (WTG) with hub height of 93 meters and a rotor-diameter of 114 meters. An air insulated switchgear step-up substation (33/132 kV) is built to transmit electrical power to national grid. The construction (onshore) contract was awarded to HydroChina International Engineering Company Limited Pakistan however, the supply (offshore) contract was awarded to Hangzhou Huachen Electric Power Control Company Limited. Project conforms to IFC performance standards for Environmental & Social compliance.Hide.WHO WE ARE?
NaveenaLakeside Energy Limited is Naveena Groupâs first venture into the energy sector. Naveena Group is a multi-industry group of companies based in Pakistan. Since its inception, the company has grown rapidly because of its vision. The credibility helped the group to branch out to various other sectors, and now, the Groupâs portfolio has extended to textile, steel, energy, and construction businesses.
LEADING TO COMMERCIAL
OPERATIONS
MILESTONES - Award of Letter of Intent (LOI)- 24 July 2015
- Land Lease Agreement â 19 May 2017
- Issuance of Generation Licenseâ 27 November 2017
- Award of Cost Plus Tariff - 19 November 2018
- Issuance of Letter of Support(LOS) â 8 November 2019
- Execution of Energy Purchase Agreement & Implementation
- Agreement â 8 October 2019
- Financial Close- 13 November 2019
- Project Kick off Meeting â 7 July 2020
- Issuance of Notice to Proceed (NTP) to EPC Contractors â 15 July 2020
- Interconnection to National Grid â 4 March 2022
- Start of Reliability Run Test â 8th April 2022
- Commercial Operation Date â 14 April 2022
PROJECT FINANCERS
Sustainablity
futureNaveena Group has been actively involved in undeterred commitments to achieve the standard Sustainable Development Goals set by the UN. At Lakeside Energy Limited we are aiming to achieve one of our agenda Net-Zero. we have engaged Core CarbonX Solutions for registration of the project and its Certified Emission Reductions under the Clean Development Mechanism (CDM) and subsequent transit to Future Carbon Market under Article 6 of the Paris Agreement and labeling under Gold Standards.
Social Responsibility
Corporate-
01
On the Job
Trainings (OJT)Lakeside through its EPC Contractor has also provided the on-the-job skill development training on the mason trade
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02
Women
EmpowermentLakeside has provided skill development training to the Female members of the local community by engaging a renowned institution Keystone Solutions (Pvt.) limited. Lakeside has also constructed a Community Vocational Center (CVC) with the collaboration of EPC Contractor with the objective to provide an equipped place for local communities so that they could utilize it for various purposes such:
- Arranging vocational training for women that could help them in their employability.
- Running customized informal and accelerated education programs.
- Organizing social gatherings, especially for women to meet and socialize with each other.
The CVC is fully functional with all necessary provisions including furniture, solar power, fans etc.
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03
Health & Hygiene
Lakeside Energy Limited very actively organizes medical and hygiene checkup camps in its locale. These camps provide free medical checkups and also supply prescribed medicines to the underprivileged residents of community.
News Media
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Contact Us
B-21, Block 7/8, Banglore Town, Main Shahra – e – Faisal, Karachi.
Deh Kohistan 7/3 and 7/4, Tapo Jungshahi Taluka and District Thatta.
Fax: 92-21 34310630
Tel: 92-21 34310631-2, 34543181-2 hello@naveenagroup.com