Shehbaz Sharif approves execution of 10,000 megawatts solar energy project with China’s help

Islamabad: Prime Minister Shehbaz Sharif has approved early execution of 10,000 megawatts solar energy project to reduce the import bill of costly diesel and furnace oil with China’s help.

Last week, leading Chinese Renewable Energy Companies Showcased their Solar devices, Panels, On-grid and Hybrid Inverters for visitors to experience the product at the three-day 18th International Trade and Industrial Fair of Pakistan.

Zonergy Solar development Pakistan, Pakistan’s No.1 Solar solution provider, participated in 18th International Trade and Industrial Fair of Pakistan. Zonergy Solar development Pakistan is a subsidiary of Zonergy, a Chinese energy conglomerate.

Prime Minister Shehbaz Sharif has already acknowledged China’s support to meet Pakistan’s energy needs.

On Thursday afternoon, the PM chaired a meeting to provide major relief to the masses and stressed that the electricity should be generated through solar instead of imported fuel.

The decision has been taken to save the foreign exchange as it would help the country save billions of dollars.

In the first phase, the solar energy would be supplied to the government buildings, tube wells operating on electricity and diesel and domestic consumers with low consumption.

Prime Minister Sharif directed the relevant authorities to ensure the early installation of solar plants to provide relief to the people before the next summer season. He asked the authorities concerned to immediately start the execution of the project.

He also called for holding a conference of all stakeholders by next week before the bidding process.