BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

LAHORE: Pakistan Solar Association (PSA) Chairman Amir Chaudhry has vowed to collaborate with the government in realizing the ambitious vision of achieving 60% renewable electricity by 2030.

Addressing a press conference on Friday, he said that the PSA appreciates the significance of recent initiatives including 10 GW Fast Track projects, solarization of public buildings, tube-wells, 11kV feeders, exceeding 1,000MW, 2,500MW, and 2,000MW, respectively.

He also emphasized the importance of local private sector companies taking a leading role in financing these projects, minimizing reliance on foreign investors or donors.

Senior Vice Chairman PSA Zakir Ali said the solar industry in Pakistan provides employment opportunities for a diverse range of workers, from semi-skilled and low-skilled labourers to graduates and technicians involved in system design and deployment.

He also highlighted challenges faced by the industry such as import/LCs issues which are faced on regular basis that lead to unrest in industry from importer to trader to installers to end users and halt the wheel of business. Another challenge is to simplify net metering process, with the need for a one window solution and implementing digital application processing.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.

Adnan Zafar Nov 18, 2023 07:01am
The 60% target of adding renewables by 2030 includes hydel generation. The actual target without hydel is 30%. Care should be taken to avoid overshooting of target to avoid another blunder. The main goal of adding renewables is to reduce tariff.
0