Pakistan opens first solar power plant, built with Chinese investment

[Techy]

May 5 (Reuters) - Pakistani Prime Minister Nawaz Sharif on Tuesday inaugurated the country's first solar power plant, the latest fruit of increasingly close cooperation with China and a step towards an electoral promise to end crippling power cuts.

The solar park in Punjab province produces 100 MW of power, which will be increased to 1,000 MW by next year.

The plant, owned by Punjab province and built by China's Tebian Electric Apparatus Stock Co Ltd (TBEA), took a year to build at a cost of $190 million, Pakistani government documents show.

"Since I became prime minister my one goal has been to eliminate darkness in Pakistan, and bring lights back to the country," Sharif said in a speech.

"By 2017-2018, there will be an end to load shedding," he said, referring to a system of rolling black-outs used to ration electricity.

The country generated an average of 15,500 MW of power last year, about three-quarters of what it needs, a power ministry spokesman said. The shortfall can soar during peak summer months.

Power shortages cripple industry and have led to widespread discontent. Sharif is keen to address the problem before the next election, due by 2018.

The Quaid-e-Azam Solar Plant, spread over 500 acres (202 hectares) of sun-baked southern Punjab, is a link in an ambitious plan for a China-Pakistan economic corridor, unveiled by China's President Xi Jinping last month.

The corridor, linking Pakistan's Arabian sea port of Gwadar with western China's Xinjiang region, includes energy and infrastructure projects worth up to $46 billion.

Pakistan says $37 billion of Chinese investment is going into energy ventures to generate 16,400 MW of power.

Camels and horses pranced to the beat of traditional drums as national flags fluttered over the inauguration ceremony.

China's ambassador, Sun Weidong, said the plant marked a new phase of cooperation between the neighbours.

Sharif said solar plants planned across the country would produce a total of 4,260 MW of power.

Solar and wind power is several times more expensive than electricity generated by hydropower.

Pakistan opens first solar power plant, built with Chinese investment| Reuters

 

[waleed3601]

I thought the Solar Park is Pakistan's own funding?
Contractor and Consultant are Chinese but didn't Punjab govt fund the project itself?

 

[Edevelop]

First 100 MW is Punjab Govt fuding. 900 MW later will be Chinese