Web Desk
Pakistan’s Alternate Energy Development Board (AEDB) and China’s solar company, Zhenfa have signed an Implementation Agreement (IA) relating to 100MW solar PV power project being set up in Southern Punjab district of Layyah.
ZPNECPL will put up 229,885 PV modules of 435 Wp each having cumulative capacity of 100 MW, the modules will produce 188,427,600 kWh of clean electricity per annum.
The levelized tariff for the project is US Cents 3.72/kWh, much lower than that of Quaid-e-Azam Solar Park set up in Bahawalpur a few years ago.
” This is a big step towards government’s commitment of increasing the renewable energy share in power generation by adding clean and green energy into the system,” says Shah Jehan, Chief Executive Officer of AEDB.
To him, induction of lower tariff solar projects will also help in reducing the overall cost of the power generation.
