ISLAMABAD: Pakistan has awarded $1.5 billion contract for its largest solar power project of 900MW in Bahawalpur to a Chinese company which has the biggest solar power plant of only 170MW back home.
After meetings with Prime Minister Nawaz Sharif and Water and Power Minister Khawaja Mohammad Asif on Wednesday, Zonergy Company Ltd President Yu Yong told media that his company had a total portfolio of 1,200MW of solar plants in China and the largest one was 170MW plant in Xinjiang.
“The 900MW solar project launched in Quaid-i-Azam Solar Power Park in Bahawalpur is the largest solar power project in the world,” said Yu Yong .
Zonergy director, Najeed Sadiq said that the first 50MW unit would be brought into production on Aug 14 this year, to be followed by another 250MW on Dec 25, to coincide with the anniversary of the father of the nation, and then 100MW would be added every month. He said the full 900MW capacity would be available by the end of next year.
He told that the funds for the project are provided by the China Exim Bank and China Development Bank.
Mr Yong said solar power generation has become a global focus because “it is clean, renewable and safe”.
Around 1.271bn KWh of electricity is expected to be generated annually from Quaid-i-Azam Solar Power Park. It is also expected to create at least 3,300 jobs.
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