PESHAWAR, May 9: The Prime Minister, Nawaz Sharif, has inaugurated the first phase of the Quaid-e-Azam solar power project at Bahawalpur, Punjab province.
The project includes 400,000 solar panels costing $131.15 million and will add 100 megawatts electricity to the national grid by the end of 2014.
The project is a joint venture of the Punjab government, Bank of Punjab and a Chinese company TBEA Ltd, producing a total of 1000mw electricity solely from the solar energy. The completion time of the project producing 1000 megawatts is 2.5 years.
Pakistan has been facing energy crisis for the last several years. The power outages has affected all spheres including businesses, education, health, etc.
Mr Nawaz thanked the Chinese guests for technical assistance in the largest solar power project of the country.
He said that 2,100km Pak-China Economic Corridor would include special economic zones, railway system and model city, airport and free port at Gawadar, Karachi to Lahore Motorway and many more projects that would not only strengthen Pakistan’s economy but also be beneficial for China, which has long enjoyed friendly relations with Pakistan.