The Asian Development Bank (ADB) has approved loans totaling $330 million to Pakistan for the Second Power Transmission Strengthening Project, one of the government’s top priority investments to expand the national transmission network and enable the evacuation of low-cost renewable and hydropower to major load centers. The project will construct a new 500-kilovolt, approximately 290-kilometer […]
Pakistan power sector
Nepra plans major cut in solar net metering rates
LAHORE — The National Electric Power Regulatory Authority (Nepra) is working on a significant revision of solar net metering rates, proposing to reduce the buyback rate from Rs. 23 per unit to Rs. 10, sources at the Power Division said. In a later phase, officials are considering removing the buyback mechanism entirely, meaning consumers generating […]