ISLAMABAD: World Bank will finance the Sindh Solar Energy Project by providing $100 million loan for generation of clean energy in the province.

The bank is likely to approve the loan next month. The Sindh energy department, which will implement the project, has prepared an initial list of buildings in Karachi and Hyderabad, including hospitals and health centres, to be supplied with solar power under the project.

Grants will be provided to scale up the provision of solar house system by commercial solar solution providers in areas with low access to electricity.

At least 200,000 households, equivalent to 1.2 million people, would be provided the solar power system within the areas selected according to pre-defined prioritisation criteria.

The project will finance 20MW of distributed solar photovoltaic panels on rooftops and other available space on and around public sector buildings in Sindh, in a phased manner.

The department would identify portfolios of sites, and would liaise with other government departments to set up a leasing agreement for target institutions.

The grant scheme would be complemented with a major public awareness campaign and continuous outreach to solar solution providers.

The solar home systems often suffer from high rates of system failure and abandonment, especially when no long-term operations and maintenance is provided.

The project involves a series of solar parks to leverage private sector development of solar photovoltaic panels through the use of competitive bidding, starting with an initial 50MW project that aims to be the first international solar auction in Pakistan for a pre-identified solar park site.

Further solar parks in the 50MW to 200MW range would be developed to facilitate a total of 400MW of solar power capacity, following a comprehensive geospatial planning and dispatch analysis.

Published in Dawn, April 12th, 2018

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Anti-women state
Updated 25 Nov, 2024

Anti-women state

GLOBALLY, women are tormented by the worst tools of exploitation: rape, sexual abuse, GBV, IPV, and more are among...
IT sector concerns
25 Nov, 2024

IT sector concerns

PRIME Minister Shehbaz Sharif’s ambitious plan to increase Pakistan’s IT exports from $3.2bn to $25bn in the ...
Israel’s war crimes
25 Nov, 2024

Israel’s war crimes

WHILE some powerful states are shielding Israel from censure, the court of global opinion is quite clear: there is...
Short-changed?
Updated 24 Nov, 2024

Short-changed?

As nations continue to argue, the international community must recognise that climate finance is not merely about numbers.
Overblown ‘threat’
24 Nov, 2024

Overblown ‘threat’

ON the eve of the PTI’s ‘do or die’ protest in the federal capital, there seemed to be little evidence of the...
Exclusive politics
24 Nov, 2024

Exclusive politics

THERE has been a gradual erasure of the voices of most marginalised groups from Pakistan’s mainstream political...