Sapphire Wind Power Company Limited

Sapphire Wind Power Company Limited
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Sapphire Group and Bank Alfalah took the lead in entering the nascent wind energy sector in Pakistan and established SWPCL for undertaking independent development of a wind farm in the country. The 52.8 MW project is developed in the Gharo- Jhimpir wind corridor around 80 km from Karachi. SWPCL has followed a highly professional and transparent path for project development and created a number of firsts in the sector. SWPCL was Pakistan’s first wind project to get registered with UNFCC for sale of CERs; it was the first wind power project to opt for the Feed In Tariff and the first wind energy project to secure funding from Overseas Private Investment Corporation, USA (OPIC). The project achieved financial close in July 2014 and achieved COD on 22 November 2015.

Company Information

April 1, 2021
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