Developer Oracle Power and China Electric Power Equipment and Technology (CET) are looking to develop and build a 1.3GW project combining solar, wind and battery energy storage system (BESS) technology in Pakistan.
London-listed Oracle announced this week that it had begun a grid interconnection study for the proposed project in Jhimpir, Sindh Province, Pakistan. The proposed site will include an 800MW solar PV plant, a 500MW wind project and a “suitable” BESS of undisclosed size.
Power system analysis and planning firm Power Planners International will undertake the study on behalf of Oracle and its development partner, CET, a subsidiary of the State Grid Corporation of China.
Oracle CEO Naheed Memon said: “This study will complete our feasibility study package for the power plant and will be instrumental in propelling us into the FEED (front-end engineering design) stage. Additionally, it will help to lay the groundwork for future confirmation of potential off-take and financing arrangements.”
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The FEED process is a study phase that estimates the technical requirements and overall likely cost of a project.
This is Oracle’s second planned project planned in Pakistan with a state-owned Chinese partner. In April last year, the company signed a cooperation agreement with energy company PowerChina for a 1GW solar PV project, also in the Sindh province.
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