Pakistan’s biggest postal operator, Pakistan Post, has issued a request for expressions of interest to seek developers for the construction of grid-connected distributed and large scale solar plants on its premises.
Developers will have to finance the projects and power postal operations. “The revenue produced by surplus power (after meeting the needs of [the] Pakistan Post Office department) will be sold by the company and profit will be shared by both parties,” the organization announced in the tender document.
Bidders have until February 20 to pre-qualify for the procurement process.
The state-owned Pakistan Post Office is present in 12,000 locations.
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The nation’s National Electric Power Regulatory Authority (NEPRA) is drawing up a competitive bidding auction regime. For unsolicited projects, asset owners can opt for either “cost-plus” or “upfront” tariffs. In each case, NEPRA determines “the technical and financial parameters for capital and operating expenditures and applies a rate of return on equity”, according to a recent report by the International Renewable Energy Agency (IRENA).
The global outlook report published by PV industry body SolarPower Europe has predicted Pakistan will see close to 5 GW of solar generation capacity installed by 2022, up from around 1 GW at present.
Several large scale PV projects are under development or construction in the country. According to the latest statistics available from IRENA, Pakistan had installed PV capacity of around 1,568 MW at the end of 2018. Of that figure, around 826 MW of generation facilities were deployed in 2018 alone.
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