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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

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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
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Zain Malik Sep 02, 2022 11:28am
@Haq, very well said
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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
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Abdur Raoof Jun 09, 2023 10:15pm
You are help me.solar plate for towal
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