Safe Solar gets power plant tariff
Business
January 30, 2021
KARACHI: The National Electric Power Regulatory Authority (NEPRA) has awarded a 25-year levelised tariff of Rs6.425/kWh to Safe Solar Pvt Ltd for its 10MW power plant being set up in Bhawalpur with a cost of $9.25 million, a statement said on Friday.
The project is expected to commence commercial operations within six months and would provide electricity to the Central Power Purchasing Agency, it added.
Pakistan enjoys a geostrategic advantage for producing abundant amounts of solar energy; hence, solar technology can save millions of dollars for the countryâs economic growth, while also offering various ecological benefits.