NEPRA awards generation licenses to two solar power plants

Energy Update Magazine/26-01-2020

KARACHI: The National Electric Power RegulatoryAuthority (NEPRA) has awarded generation licenses to two solar power plants being setup in Baluchistan with a cumulative generation capacity of 112.2MW, a statement said on Saturday. Licenses have been given to P&G Energy (Private) Limited, a subsidiary of of Vogt GmbH Germany, for its 62.2MW solar power plant in Gwadar; and Enertech Boston Solar (Private) Limited, a subsidiary of Kuwait-based Enertech Holding Company Limited, for its 50MW solar power plant in Pishin. According to NEPRA, the proposed projects will result in optimum utilisation of the renewable energy in Baluchistan, which is untapped, resulting in pollution-free power. “It is pertinent to mention that solar is an indigenous RE resource and such resources should have a preference for the energy security. There is a global trend of reduction in the prices of PV Cells, which results in lower tariffs as is evident from various determinations of the authority,” NEPRA noted in its determination “These lower tariffs will result in reduction of the overall basket price, which will be beneficial to the public at large.”