This effort, coordinated by the Special Investment Facilitation Council (SIFC), is a watershed moment for both domestic and foreign investors looking for investment opportunities in the renewable energy sector.
The decision, supported by the Pakistani government, represents a strategic shift away from costly fuel-based power generation systems.
With the upcoming building of the solar project, Pakistan hopes to lessen its dependency on traditional energy sources while embracing sustainable alternatives.
Furthermore, NTDC is currently pursuing land acquisition for two new solar power projects in Layyah (1200 MW) and Jhang (600 MW).
These projects are expected to add a total of 2400 MW of solar electricity to the national grid, successfully meeting the country’s rising energy demands.
