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Your position: Home > News > Industry News > World Bank and Pakistan signed a $100 million agreement to support photovoltaic projects

World Bank and Pakistan signed a $100 million agreement to support photovoltaic projects

the Internet 2019-01-12 09:26:15
The Pakistani government has signed a $100 million agreement with the World Bank to support the Sindh photovoltaic power generation project, which aims to help photovoltaic energy development in Sindh province in southeastern Pakistan.

These funds will be used to implement the Shun Tak Solar Project, which aims to increase solar power and electricity supply in Sindh.

According to the World Bank, the Shun Tak Solar Project began in 2013 and is expected to be commissioned in 2023. The project is divided into four parts: the construction of large-scale photovoltaic power plants through competitive bidding; the procurement and deployment of distributed generation PV; the development of residential buildings in areas without grid access; and the strengthening of capacity building and technical assistance to support power plant projects. Design and implementation.

Of the total budget, $40 million is for large-scale photovoltaic power generation, which is expected to reach 400 megawatts. Approximately $25 million will be allocated for distributed generation, with an estimated 20 megawatts. Off-grid capacity and capacity building and technical assistance are reported to account for $30 million and $5 million, respectively.

World Bank Country Director Illango Patchamuthu said: "These projects will help Sindh's energy needs through photovoltaic power generation and support trade between Pakistan and Afghanistan through regional connectivity and private sector development along the Khyber Pass."

According to the bank, Sindh is an ideal place for photovoltaic power generation because it has excellent solar energy resources and sufficient non-cultivated land and electricity utilities in the private and public sectors. It is the only provincial power transmission company in the country.

"There is an opportunity to use the free space around public buildings to generate solar energy in major urban areas, helping to meet the daily increase in air conditioning load and reducing electricity bills for public sector consumers," the World Bank wrote in a project document.

In October, the World Bank will issue a tender and select consultants to determine the procurement mechanism for the utility's utility-scale solar program.

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