The Alternative Energy Development Board (AEDB) started the competition in February, and the original deadline was April 17. On its website, the government agency said that the deadline had been pushed out, and ideas would now be accepted until May 8.
The districts of Kot Addu and Muzaffargargh are where the proposed PV capacity would be put to use. The Request for Proposals (RFP) winners will be responsible for putting in the plants on a build, own, and operate transfer (BOOT) basis through 25-year concessions. The offers that come in with the lowest prices will be chosen.
Pakistan wants to get 60% of its power from renewable sources by 2030. At first, the objective was set at 30%, but it was changed early in 2022. The International Renewable Energy Agency (IRENA) says that by the end of 2021, the country had 12,888 MW of installed renewable power production capacity, of which 1,083 MW came from solar parks.
