AIRLINK 74.60 Decreased By ▼ -0.65 (-0.86%)
BOP 5.14 Increased By ▲ 0.03 (0.59%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DFML 33.00 Increased By ▲ 0.47 (1.44%)
DGKC 88.90 Decreased By ▼ -1.45 (-1.6%)
FCCL 22.55 Decreased By ▼ -0.43 (-1.87%)
FFBL 32.70 Decreased By ▼ -0.87 (-2.59%)
FFL 9.84 Decreased By ▼ -0.20 (-1.99%)
GGL 10.88 Decreased By ▼ -0.17 (-1.54%)
HBL 115.31 Increased By ▲ 0.41 (0.36%)
HUBC 136.63 Decreased By ▼ -0.71 (-0.52%)
HUMNL 9.97 Increased By ▲ 0.44 (4.62%)
KEL 4.63 Decreased By ▼ -0.03 (-0.64%)
KOSM 4.70 No Change ▼ 0.00 (0%)
MLCF 39.70 Decreased By ▼ -0.84 (-2.07%)
OGDC 138.96 Decreased By ▼ -0.79 (-0.57%)
PAEL 26.89 Decreased By ▼ -0.76 (-2.75%)
PIAA 25.15 Increased By ▲ 0.75 (3.07%)
PIBTL 6.84 Decreased By ▼ -0.08 (-1.16%)
PPL 122.74 Decreased By ▼ -2.56 (-2.04%)
PRL 27.01 Decreased By ▼ -0.54 (-1.96%)
PTC 14.00 Decreased By ▼ -0.15 (-1.06%)
SEARL 59.47 Decreased By ▼ -2.38 (-3.85%)
SNGP 71.15 Decreased By ▼ -1.83 (-2.51%)
SSGC 10.44 Decreased By ▼ -0.15 (-1.42%)
TELE 8.65 Decreased By ▼ -0.13 (-1.48%)
TPLP 11.51 Decreased By ▼ -0.22 (-1.88%)
TRG 65.13 Decreased By ▼ -1.47 (-2.21%)
UNITY 25.80 Increased By ▲ 0.65 (2.58%)
WTL 1.41 Decreased By ▼ -0.03 (-2.08%)
BR100 7,819 Increased By 16.2 (0.21%)
BR30 25,577 Decreased By -238.9 (-0.93%)
KSE100 74,664 Increased By 132.8 (0.18%)
KSE30 24,072 Increased By 117.1 (0.49%)

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.

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.
thumb_up Recommended (0)