Speakers call for favourable tax regime for solar sector - N

Speakers call for favourable tax regime for solar sector - Newspaper


KARACHI: Highlighting several bottlenecks hampering growth of the solar industry, speakers at a webinar organised on Thursday demanded a favourable tax regime and supportive government policies to help the country become self-reliant and independent in the energy sector with least harm to environment.
They also urged the government to make registration with the Alternative Energy Development Board (AEDB) simpler to attract more investment in the solar sector.
The event was organised by magazine Energy Update.
“Pakistan has the potential to generate two million megawatts of solar power but far less clean energy is currently being produced in the country,” said energy expert Irfan Ahmed, adding that resolution of taxation issues would automatically lead to indigenous production of solar equipment.

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