Pakistan Government and World Bank signed 100 million US dollars worth agreement for Sindh Solar Projects. Which helps to expand Solar energy production in Pakistan.
Secretary of Economic Affairs Division (EAD) Mr.Noor Ahmed signed this funding agreement on behalf of the Pakistan Government. Therefore, the energy Secretary Musadiq Ahmed Khan signed the harmony a project on behalf of the Government of Pakistan.
United Nations agency Country Director Patchamuthu Ilangovan signed the agreements on account of the International Development Association (IDA).
This energy project will support the preparation of solar energy in Sindh, it extends into 3 market segments:
utility-scale, distributed generation, and households.
Utility–scale solar refers to large scale electricity generation which will help to launch Pakistan’s first spirited command for solar power production.
Distributed solar includes at least 20MW of distributed solar PV on the rooftops and other available spaces in and around public sector buildings in Karachi, Hyderabad and other districts of Sindh.
Sindh solar power project will also be aimed to endow with solar home systems to 200,000 households in areas with low or no electricity access. the total price of the project is $105 million. The ultimate goal of the project is to assist Pakistan towards a low-carbon path to development.
Noor Ahmed Secretary Economic Affairs (EAD) honored the world Bank for extending its incessant support to Pakistan in its efforts to attain property economic development.