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KARACHI: Pakistan’s first and one of the world’s largest 550MW floating solar energy project has been launched in Sindh.

Sindh Energy Minister Syed Nasir Hussain Shah said this project will be an important milestone of affordable electricity as per the vision of PPP Chairman Bilawal Bhutto.

Sindh Energy Minister Syed Nasir Shah on Thursday participated in the signing ceremony of the memorandum of understanding between the Department of Energy and Go Energy (Private) Limited for the 550MW floating solar energy project on Kinjhar Lake.

Pakistan’s first 500MW floating solar power plant to be installed at Keenjhar

Secretary Energy Musaddiq Ahmed Khan, CEO-STDC Salim Shaikh, CEO-Go Green Amar Ali Talat and Director K-Electric Haris Siddiqui were also present.

Syed Nasir Shah said on this occasion that Go Energy Private Limited is making this project with the cooperation of STDC, Sindh Energy Department and Sindh Irrigation Department. STDC Kinjhar Lake Power Project will lay a 220kv transmission line of about 60km to K-Electric grid station Dhabeji Karachi. He said that K-Electric is the off-taker of the 500MW floating power project for which K-Electric has provided Letter of Intent (LOI) and Energy Department has also provided a Letter of Intent (LOI).

He said this project is environmentally friendly as it will help prevent water evaporation and will be beneficial for aquatic life. The project will also benefit land conservation and this project is environment friendly which will promote green energy in Sindh and provide source of affordable electricity. He said this project will boost the economy of Sindh province by creating jobs.

Nasir Shah said the government of Sindh is determined and trying hard to utilize these renewable resources at a faster pace and our effort is to reduce the overall basket tariff of NEPRA and make it more affordable electricity for the common people of the country.

Apart from tariff reduction, renewable energy will also contribute to the achievement of sustainable development goals to create a clean, reliable and sustainable environment and we hope to complete the project by the end of 2026.

Secretary Energy Musaddiq Ahmad Khan said that on the special directives of Minister Energy, work is underway on several projects to provide cheap and free electricity to the people. He said mini-grid stations will be set up at the district level to provide affordable and environment-friendly electricity to the remote areas of Sindh.

Secretary Energy said that the cost of electricity generated from this floating plant will be Rs.15 per unit which will be much low price than other power generation plants.

STDC CEO Salim Shaikh said compared to K-Electric, STDC’s line has never been tripped and while STDC’s line losses have never gone above 1.6 percent. NEPRA has allowed line losses up to 2 percent

Go Energy Chief Executive Officer Amar Ali Talat said it is a unique idea. He said Kinjhar is the world’s largest clean water lake where a floating project has been developed with the support of Energy Minister Syed Nasir Shah and K-electric and the MoU was signed. He thanked all the contributors.

He said experts from Singapore have studied this project. The project will prevent a quarter of the lake’s water from evaporating.

Earlier, STDC CEO Saleem Sheikh and Go Green Energy CEO Amar Ali Talat signed the MoU.

Copyright Business Recorder, 2024

Comments

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Abdul Ghaffar Jun 14, 2024 08:53am
This project will help the local pepole to do the jobs in their own area.
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Usman Jun 14, 2024 09:23am
It's a unique project that will produce mansions for Bhutto's instead of electricity for the public.
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Najmul Hasan Jun 14, 2024 10:10am
If only the current and first project saves about 25% evaporation then we should go ahead with similar ones on dams, canals, river heads etc.
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wz Jun 14, 2024 10:48am
why we need more electricity ? we are already making capacity payments to IPP. Hope this is not another IPP with capacity payments to be made
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Kashif Jun 14, 2024 11:59am
Good to take a start. Wind project is best in Karachi to generate electricity 24 hrs since solar has limited time due to sunlight.
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Akbaruddin Jun 14, 2024 12:29pm
Hats off to the great leader COAS Asim Munir. This project will surely be beneficial to all Pakistanis.
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Toy Soldier Jun 14, 2024 02:24pm
Floating solar or sinking solar. There is so much land in Thar area. Why not utilise that instead of the sea for which a lot more resources and money is required. I suppose vested interests involved.
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Syed Azhar Jameel Jun 14, 2024 06:37pm
Very good project,but no time frame was given to complete this project how much K Electric and od Sindh will charge the public for providing solar energy
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Aam Aadmi Jun 14, 2024 09:08pm
Dramas, dramas, and more dramas! Why floating, why not on the ground when ample space is available? Make sure these solar panels are not stolen at night. This will not change the fate of people here.
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Zubair Edhy Jun 14, 2024 10:17pm
Good project. However not understandable, how will it benefit aquatic life. Life in water bodies depends on sunlight. Algae and water plants depend on sunlight. These in turn become food for animals.
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M Anwar Khan Jun 15, 2024 02:04pm
Excellent initiative indeed.
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Furqan Hameed Jun 15, 2024 04:15pm
What about the habitat living inside the kanjhar lake. How underwater life will sustained without sunlight. Sunlight is essential to produce chlorophyll in the plants even the plants are underwater.
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Iqbal Qamar Jun 15, 2024 05:22pm
M Eng Cornell design of Atlantic City power-plant; instruction: Harris & Co, NYC, CCEE Faculty, ACI Code, Tsunamis. I designed anchoring system presented to Cornell faculty for M Eng Degree.
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Saad Jun 15, 2024 10:08pm
Per unit cost of Rs.15 is still very high for a solar based generation plant. Are regulatory approvals sought from Environment Protection Agency?
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Faraz Jun 16, 2024 02:00am
Hhaahahahah
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Arsalan Jun 16, 2024 07:30am
@Syed Azhar Jameel, Good point, they will extend this to decades and keep on increasing the budget for it. To elaborate, as its rightly said "Justice delayed is justice denied"
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M. Saeed Jun 16, 2024 12:10pm
It is a stupid idea to construct floating solar energy on fresh water lake, when 72 % Earth's surface comprise of sea?
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M. Saeed Jun 16, 2024 12:11pm
@Abdul Ghaffar, how does it help local people?
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Javed Afridi Jun 16, 2024 12:50pm
Thanks to COAS Pakistan will reach new heights inshallah.
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Dr Salman khan Jun 17, 2024 09:43pm
@Toy Soldier, thats dusty and will be a thorough failure washing each panel after two weeks then costing of all washing system and resources with staffing is an extra cost so ......
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