AEDB issues first LOS for 10MW solar power generation
STAFF REPORT LHR: The Alternative Energy Development Board (AEDB) has granted Pakistans first LOS for solar power to BSPL for its 10 MW Solar powered generation facility catering to Bahawalpur and Cholistan districts.
According to details, Buksh Solar is a special purpose vehicle of Buksh Energy Pvt. Ltd. solely setup to facilitate the 10 MW Solar IPP that would sell electricity to Multan Electric Power Company (MEPCO). The proposed project will have an installed capacity of 10 Megawatts (MW), of which the energy produced will be distributed to MEPCO.
The proposed power plant would use solar power as a fuel to generate electricity and will use state of the art technology producing 16,731MW electricity per annum.
In addition, BSPL has recently been awarded Upfront Tariff and Generation License approval from National Power Regulatory Authority. The 10 MW solar IPP would be the first Solar project in Pakistan demonstrated on a mega scale with a power purchase agreement with the DISCOs.
This project promises to demonstrate the immense solar potential the country has 2.32 million MW and the utilization of the same for large scale energy production.
The Buksh Energy would be further bringing in international investment and technical expertise with foreign EPC companies to further the installation of the 10 MW Solar Generation project.