Manjil 100 MW Power Plant Project
The site for 100MW Manjil wind power plant is located in Harzevil district next to the Ministry of Energy Harzevil Wind Power Plant.
This project has 100MW construction permit from the Renewable Energy and Energy Efficiency Organization of Iran (SATBA) a subsidiary of the Ministry of Energy, grid connection permit from the Ministry of Energy(Tavanir), permit from the Department of Environment of Iran, approved plan booklet from the Ministry of Agriculture-Jihad and official deed for 968 hectares of land in one of the best wind tunnels in Iran. Moreover PIT Co is delighted to announce that it has recently signed Guanateed Power Purchase Agreement (P.P.A) with the Ministry of Energy for 20 years.
Project Summary
Project Name: 100mw Manjil Wind Power Plant
Owner: Payegozaran Idehaye Tavanmand Co (PIT Co).
Location: Manjil, Iran
Project cost: 121,817,660 EURO
Foreign M/C & Equipment supplier: Not Finalized
Internal Rate Of Return On Investment (IRR): 18.97%
Internal Rate Of Return On Equity (IRRE): 69.77%
Investment Payback Period: 6 years
Project Capacity (MW): 100
Average Wind Speed: 9.7 m/s
Ambient Turbulence Level: 14%
Power Plant Wind Capacity: 39.5%
Type of contract: Investment
Collateral: Government Guarantee By The Ministry of Energy in form of Power Purchase Agreement (P.P.A) And FIPPA License From O.L.E.T.A
Estimated Implementation Period: 2 years
Off- Taker: PIT Co Or Joint Venture Of PIT CO & Foreign Partner
