The AEDB of Pakistan, and TRA of Nevada, U.S. have signed a letter of intent to construct a 100 MW PV power plant in the Cholistan Desert of Pakistans Punjab province. Development of the project is expected to begin in the second quarter of 2014 at an estimated cost of between $250 million and $300 million.
The deal is part of a wider plan by the newly formed Punjab Energy Council to develop 700 MW of solar power projects across a 10,000 acre site in the desert a project that has been named Quaid-e-Azam Solar Park.
Following the approval of the park, the Quiad-e-Azam-Solar Power Co. a state-owned company was created to develop the project, backed by government funds and led by Muhammad Shahbaz Sharif, Punjab provinces Chief Minister. Sharif will be joined by a vice chairman and six additional board members drawn from the local public and private sector.
In mid-February of this year, Pakistans National Electric Power Regulatory Authority (NEPRA) proposed the introduction of a feed-in tariff (FIT) for PV projects between 1 and 100 MW, which stipulated that independent producers in receipt of the FIT are to be exempt from all duties and taxes associated with the power they generate, and guaranteed grid access and land for their projects.
While a great deal of PV projects have been proposed in Pakistan, it is estimated that just 250 MW can be classed as currently under development.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.