Pakistan awaits bids in 600-MWp tender for solar in Punjab

• The federal government of Pakistan looks for to award 600 MWp of solar photovoltaic (PV) capacity in Punjab province through a lately released tender that will certainly be open for submissions by the beginning of May.

The affordable round was initiated by the Alternative Energy Development Board (AEDB) in February as well as had an initial target date of April 17. The federal government agency announced on its website that the deadline has actually been extended, with propositions to be approved by Might 8,

The targeted PV capacity is planned to be deployed in the districts of Kot Addu as well as Muzaffargargh. The effective prospects in the Request for Proposals (RFP) will certainly be entrusted with setting up the plants on a construct, possess, as well as run transfer (BOOT) basis through 25-year giving ins. Winning bids will be thought about those with the lowest supplied tariff.

Pakistan intends to make renewables represent 60% of its complete power mix by 2030. The goal was at first set at 30% as well as modified early in 2022. According to the 2022 statistics by the International Renewable Energy Agency (IRENA), the nation had 12,888 MW of installed renewable power generation capacity at the end of 2021, of which 1,083 MW of solar parks.