Shams Power (private) Limited pleased to announce the successful completion of the 400kW Solar Power Plant at Metro Cash & Carry head office and retail store located at Thokar Niaz Beg in Lahore on a long term Power Purchase Agreement (PPA) Basis.
Pakistan based solar energy power plant was inaugurated by the Energy Minister of Punjab, Dr. Akhtar Malik. This Solar Power Plant will deliver more than half a million units of green energy to METRO Thokar Store every year – offsetting 296,000 Kg of CO2 emissions per year.
The clean and affordable solar power plant is financed, developed, and maintained by Shams Power private limited under a long term power purchase agreement (PPA), and is estimated to deliver savings of around PKR 2.5 million to METRO without any capital investment.
Pakistan based shams solar energy developer and project investor/owner pioneering the distributed solar model in Pakistan’s Commercial & Industrial Sector, offering clean and affordable solar energy to its customers with no upfront cost and O&M expenses.
Moreover, Shams Power’s management team brings substantial experience in setting up and undertaking O&M of power projects. PITCO has setup over 3,500 MW of power generation to date, and Saba Power and Orient Power owns and operates over 550MW of thermal and solar power plants.