LAHORE: The Punjab government has signed another historic project of Pakistan ‘100 MW Solar Project’ through which the province got electricity at the lowest rate.
According to details, a signing ceremony of ‘100 MW Solar Project’ was held in Chobara area of Layyah where the project was signed with Punjab Chief Minister Usman Bazdar and Federal Minister for Energy Omar Ayub as special guests.
Addressing the function, Federal Minister for Energy Omar Ayub said that government initiatives have reduced IPP tariffs, Prime Minister Imran Khan is committed to change the system, ensuring transparency in all projects.
Omar Ayub said that the people would benefit from lower rates with cheaper energy, focusing on alternative energy sources for the needs of the future, the target is to achieve 8,000 MW of alternative energy by 2025.
The Federal Minister for Energy said that the government has increased the capacity of the transmission system to 25,000 MW, such planning has never been done in the past regarding the power transmission system, the government has improved the power transmission system.
Addressing the ceremony, Usman Bazdar said that the Punjab government would purchase electricity at a cost of only 3.7 cents in the project, which would provide 173 million units of electricity to the national grid, meeting the needs of about 70,000 households. Enough to do.
He said that they are also reviewing the waste energy project in Punjab. Energy not only benefits the common man but also the wheel of industries.
The Chief Minister said that Punjab pays 82% of the total revenue from electricity.
He said that unlike in the past, our government is moving towards sustainable sources of cheap electricity. The previous government had implemented expensive energy projects which had burdened the people, shifting educational institutions, health centres and government buildings to solar. Work is underway on a plan to convert 950 health centres to solar.
He further said that the Punjab government has been pursuing a policy of saving billions of rupees, there are innumerable investment opportunities in the energy sector and facilities are being provided to investors through one window operation.