Pakistan Benefits from High-Quality Solar Maps, First in the World

Veronica N | BusinessMarch 7, 2017395

According to the World Bank, Pakistan is now part of a small group comprising mainly developed countries with access to sustainable and affordable sources of indigenous energy.

"With the costs of solar power having decreased significantly over the past couple of years, Pakistan now has the opportunity to unleash investment in solar energy without the need for subsidies," said Anthony Cholst, Acting Country Director for the World Bank, Pakistan.

"The World Bank stands ready to support the federal and provincial governments in realizing this objective, alongside the support we are already providing for the development of hydro-power sector reform and the strengthening of the transmission grid. It is time to realize the full potential of this clean and secure source of energy," he added.

"These new solar maps will definitely ensure qualified improvement vis-a-vis previous studies, and will underscore the tremendous solar potential that exists across Pakistan," said Amjad Ali Awan, Chief Executive Officer of AEDB.

 

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