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Home Karachi

K-Electric to Boost Pakistan’s Solar Capacity.

News Desk by News Desk
August 20, 2024
K-Electric to Boost Pakistan’s Solar Capacity.
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Karachi: K-Electric Ltd., Karachi’s primary power utility, will nearly double Pakistan’s solar capacity by adding 640 megawatts of clean energy within the next two years. Chief Strategy Officer Shahab Qader Khan revealed that bidding for these projects starts on August 19 and will close next month. The initiative will also include 200 megawatts of hybrid solar-wind generation.

With high electricity costs driven by reliance on expensive fossil fuels, and monthly bills soaring by 155% since 2021, increasing solar energy’s share could help reduce Pakistan’s import expenses. Currently, solar energy accounts for only 1% of the country’s total capacity.

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Over the next five years, K-Electric plans to introduce around 1,200 megawatts of renewable energy while gradually moving away from costly sources like liquefied natural gas and fuel oil.

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