The World Bank will lend Pakistan $100 million to to assist Pakistan establish its solar plant and the production of solar electricity in Sindh.
The agreement between the World Bank and Pakistan was signed out formally in Islamabad in Wednesday (Today). It was planned that around 200,000 people in Sindh will be given electricity in the various areas of Sindh through home solar System.
It is expected that $105 million will be spent on the solar energy project that is to be initiated in Sindh and the $5 million contribution will be done by the Sindh government itself.
Initially, the project will generate 50MW of electricity. The solar panels will be installed on thee roof side of the government buildings in Karachi, Hyderabad and other districts in Sindh.
It should be noted that most of the electricity produced in Pakistan is either hydro-electricity or thermal electricity. Solar generated electricity almost contributes by few perecentages and there is a great