These programs have the potential to completely transform the energy industry by giving people access to reasonably priced electricity produced from alternative sources.
Along with K-Electric, private businesses will launch a project to provide residents with electricity from alternate sources. TV has seen the letter that K-Electric sent to the private enterprises.
These private enterprises’ wind and solar power generation projects are expected to bring in $40 million and will be merged with K-Electric.
With bold plans to add 640 megawatts (MW) of solar and wind energy to the current system within the next two years, the CEO of K-Electric has promised a major increase in the production of sustainable energy.
Karachi stands to gain from the 40 local and international businesses competing to contribute to the alternative energy sector.