Pakistan, World Bank sign $100 million agreement for ‘Sindh Solar Energy Project’

Posted In: News Date:Jan 9th, 2019

Islamabad: The government of Pakistan and World Bank here on Wednesday signed a Financing Agreement worth $ 100.0 million for “Sindh Solar Energy Project” with the objective to increase solar power generation and access to electricity in Sindh Province.

The project will support the deployment of solar power in Sindh spanning three market segments: utility scale, distributed generation, and at the household level.

Utility-Scale Solar includes development of solar parks to support private sector investment and launching of Pakistan’s first competitive bidding for solar power production, starting with an initial 50 MW pilot solar auction.

Distributed Solar includes at least 20 MW of distributed solar PV on the rooftops and other available space on and around public sector buildings in Karachi, Hyderabad and other districts of Sindh Province.

Provision of Solar Home Systems to 200,000 households in areas with low or no electricity access.