As a replacement for the expensive electricity produced using imported fuel, the government wants to start up solar power plants of about 14,000 megawatts this year. This is part of a program that also includes tax benefits and lower prices for solar systems.
Balochistan should receive solar systems first, according to Prime Minister Shehbaz Sharif, who also emphasized that solarization will help cut down on the cost of fuel imports.
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“Solar systems will be made available to the populace as a cheaper alternative to the pricey electricity produced from imported fuel. Solarization will not only assist provide low-cost, environmentally beneficial electricity but also help lower the import price for expensive fuel, the premier continued.
The prime minister gave the appropriate authorities instructions to do thorough planning for the quick implementation of the solar projects. He demanded that Balochistan be given first dibs on installing solar power systems nationwide.
The solar projects were introduced to the group earlier as an affordable alternative to expensive power installations. According to information provided, the government would soon begin 14,000 megawatts worth of solar power projects.
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The officials informed the gathering that out of them, the solar projects totaling about 9,000MW would be carried out in order of priority. They said that as part of the project, tax advantages will be granted in addition to lower prices for the solar systems.
The prime minister claimed that the alternative energy policy implemented by the previous Pakistan Tehreek-e-Insaf (PTI) administration led by Imran Khan in 2020 failed to both generate the desired results and draw in investment for the sector.
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The premier requested that an inquiry commission provide its report on the cancellation of electricity projects during the PTI administration as soon as possible. Additionally, he requested a thorough report on the sum paid as fuel price adjustment on the electricity bills.