Pakistan okays feasibility study for 900-MW solar park - report
Oct 6, 2014 - The government of Pakistan’s Punjab state has approved a foreign company’s plan to conduct a feasibility study for a 900-MW solar project, The News International said yesterday, citing official sources.
The Punjab Power Development Board (PPDB) has signed a letter of intent (LOI) with the foreign firm, the name of which was not disclosed. The investor’s parent company is a telecom manufacturer, according to the sources, who stressed on the fact that the project developer has no experience in the solar field.
The proposed photovoltaic (PV) complex is to be constructed in Bahawalpur district at the 1,000-MW Quaid i Azam solar park. The developer will finance all costs related to the feasibility study, PPDB’s managing director Saniya Awais said, as cited by the newspaper.
Pakistan aims to source 10% of its total power from renewables by 2015 as part of its efforts to cope with energy shortage. The country intends to add nearly 16,600 MW of accumulative power capacity by 2018, including conventional and renewable energy facilities.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.