- NEPRA of Pakistan has admitted Catalyst Energy’s request for power generation for a 100 MW solar power plant, but still needs final approval
- Catalyst Energy had applied for the admission in November 2016; back then it had mentioned the COD for the project as October 2017
- Catalyst Energy has proposed to develop the project with debt and equity ratio of 75:25
- Total power generation over 25 years from 100 MW capacity is expected to be over 3,500 GWh
The National Electric Power Regulatory Authority (NEPRA) of Pakistan has admitted Catalyst Energy’s application to be considered for solar power generation for a 100 MW solar power plant. Lahore based Catalyst Energy (Private) Limited (CEPL) had applied for admission in November 2016.
As per the November 2016 application, the project COD was stated as October 2017. Clean power from the grid will be supplied to the national grid.
The proposed solar power plant would have 100 MW capacity, located at Quaid-e-Azam Solar Park in Chishtian in Punjab state of Pakistan.
To be built with around 400,000 solar modules, total project cost of the project is stated by CEPL as $156 million. Out of this, $117 million will be financed through debt, the rest will be equity.
CEPL says in the first full year of operation, this 100 MW capacity is expected to deliver 153 GWh of electricity to the grid. Over a period of 25 years of its operation, the plant is estimated to generate more than 3,500 GWh of clean solar power.
NEPRA is yet to grant approval of license for the project.
In November 2016, Pakistan was announced as having crossed 1 GW of installed renewable energy capacity (see Pakistan Crosses 1 GW Of Installed PV Capacity).
Quaid-e-Azam is planned to be a 1,000 MW solar power park in Pakistan