Pakistan To Finally Embrace Solar Power Auctions
Original story at CleanTechnica• 3 mentions • 1 week ago
CleanTechnica 1 week ago
March 20th, 2017 by Saurabh MahapatraPerhaps motivated by the massive crash in the solar power tariff bids across the world, Pakistan is set to shift from feed-in tariff mechanism to competitive auctions in the solar power sector. Pakistan’s National Electric Power Regulatory Authority (NEPRA) is reported to have approved the implementation of competitive auctions for solar power projects. The move could bring solar power tariffs in the country crashing, as has been the case all across the world. Even with a 25% reduction in feed-in tariff in late 2015 the solar power prices in Pakistan remain significantly higher than those ...