ISLAMABAD – The government of Punjab has signed an agreement for thegeneration of the cheapest solar power in the history of Pakistan. The dealwas inked on Thursday, under which private investors will set up a 100 MWsolar power plant in Layyah district with a tariff of only 3.7 cents.
Punjab Chief Minister, Sardar Usman Bazdar, and Federal Minister forEnergy, Omar Ayub Khan, were the chief guests at the signing ceremony ofthe agreement between the Punjab Power Development Board, AlternativeEnergy Development Board, and Zhenfa Pakistan New Energy Company.——————————
While addressing the signing ceremony, Usman Buzdar said that Punjab hashigher energy requirements than other provinces due to its population anddeveloping economy.Cheapest Energy Project
Buzdar said that the Punjab government is trying to get all the energyneeds from its own resources under the Constitution of Pakistan. Accordingto him, about 70% of the country’s electricity generation is used in Punjab.
Punjab pays 82% of the total revenue of the country from electricity.
——————————
Read Top Stories
CM Punjab lamented that the former government installed expensive powerprojects, which put a burden on the people. The PML-N government had signeda similar energy contract in Punjab at 14.1 cents per unit.
Unlike in the past, our government is moving towards sustainable sources ofaffordable electricity.
The Chief Minister said that schools, colleges, universities, primaryhealth centers, and other government buildings will be shifted to solarpower in phases. He noted that the work to shift 950 basic health centersin Punjab to solar energy is underway.
