Investment Potential of Renewable Energy in Punjab

Investment Opportunities (Solar Panel Manufacturing)

Pakistan’s Indicative Generation Capacity Expansion Plan (IGCEP) indicates power off-take of about 400 MW capacity of committed solar power projects till year 2023 including Punjab and block allocation reserved for solar power generation of 7000 MW in Punjab till 2030. Further, many off-grid solar power initiatives by Government of Punjab in pipeline with approximately potential of 44.5 MW. Moreover, 400 MW household load shifted to solar till March 2022 under NEPRA Net Metering Regulations and more than 3000 net metering applications are in process. It has been estimated that Solar PV panels of capacity 2,380 MW imported in 2021 with import cost of PKR 95 billion (source: AEDB, FBR).

Investment Ready Projects (Solar & Wind)

Investment Ready Projects (Waste to Energy)