GWADAR, PAKISTAN: P&G Energy (Private) Limited, a subsidiary of ib Vogt GmbH Germany, and Enertech Boston Solar (Private) Limited, a subsidiary of Kuwait based Enertech Holding Company Limited have obtained generation licenses from Pakistan’s power sector regulator for their power plants being setup in Baluchistan province having a cumulative electricity generation capacity of 112.2 MW
P&G Energy (Private) Limited got license for its 62.2MW solar power plant in Gwadar; and Enertech Boston Solar (Private) Limited for its 50MW solar power plant in Pishin, Baluchistan.
The proposed projects will result in optimum utilization of the renewable energy (RE) in Balochistan, which is untapped, resulting in pollution free electric 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. These lower tariffs will result in reduction of the overall basket price which will be beneficial to the public at large.
The uninterrupted and affordable electricity is essential for socio-economic development of any country. Economic growth is directly linked with the availability of reliable and cheaper supply of electricity.
The authority considered that all indigenous power generation resources including RE must be developed on priority basis.
Recently, the world market for RE technologies has seen a sharp declining trend in terms of prices, making these technologies very attractive and cost effective for generation of electric power.
Further, there are developments in the sector which are paving the way to address the intermittency issues of these technologies.
There is a worldwide trend to increase the share of RE in the energy mix of any country and it is very likely that the government of Pakistan will also be considering to increase the share of RE substantially in the coming years.