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Pakistan inaugurates 100-MW solar park, country's 1st

Solar cells. Author: Steve Rainwater. License: Creative Commons: Attribution-ShareAlike 2.0 Generic

May 6 (SeeNews) - Pakistan on Tuesday officially opened the country’s first solar park, namely the 100-MW Quaid-e-Azam solar power plant in Punjab province.

The facility in Bhawalpur district was built by Chinese firm Tebian Electric Apparatus Stock Co Ltd (TBEA) for a total cost of about USD 190 million (EUR 169m), Reuters said, citing government documents. It was completed a few weeks after China and Pakistan announced a USD-46-billion investment plan for an economic corridor between the two countries.

The plan is to expand the Quaid-e-Azam plant’s capacity to 1,000 MW by next year.

Pakistan is known to suffer from power shortages and prime minister Nawaz Sharif has committed to deal with this problem. During the inauguration of the solar park, Sharif promised that power cuts will be ended by 2017-2018.

(USD 1.0 = EUR 0.891)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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