AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

ISLAMABAD: Prime Minister Shehbaz Sharif has approved the plan of generating 10,000-MW cheaper electricity through solar energy and directed to hold a pre-bid conference for all the stakeholders next week.

According to the Prime Minister’s Office, PM Shehbaz approved the plan for generating electricity by solar energy instead of producing electricity by importing expensive oil.

The implementation of the envisaged plan of generating electricity through solar energy would help save the foreign exchange reserves.

Pakistan’s future hinges upon solar, wind power generation: PM Shehbaz

Under the project, 10,000 megawatts of electricity will be generated from solar power and in the first phase, government buildings, electric and diesel-powered tube-wells and low-unit household consumers will be provided with solar power.

The prime minister directed for early construction of solar power plants and to ensure that relief is provided to the consumers in the next summer season. He also directed concerned agencies to start work on the project on an emergency basis.

Copyright Business Recorder, 2022

Comments

Comments are closed.

Haq Sep 02, 2022 09:40am
New wave of looting Pakistan's fragile economy will start soon. Previously IPPs (1990s - 2018) were mostly based on imported fuels, with inte'l backed agreement in US Dollars, whether the power is needed or NOT, govt has to pay IPPs. IMF guaranteed that none of those power purchase agreement would be discussed or disclosed. Recently Salman Shahbaz (Shahbaz Sharif's son) has acquired stake in Turkish Solar Power company & plan is to award solar power project contract his company, under the guise of foreign investment
thumb_up Recommended (0)
Zain Malik Sep 02, 2022 11:28am
@Haq, very well said
thumb_up Recommended (0)
Ain Sep 02, 2022 10:30pm
The Turkish company that will first win is Zorlu. K electric also being sold to front man of SS off shore (from Abraaj) before being sold to shanghai electric. SS to make all money offshore. Wait for it
thumb_up Recommended (0)
Abdur Raoof Jun 09, 2023 10:15pm
You are help me.solar plate for towal
thumb_up Recommended (0)