Islamabad: The World Bank (WB) has approved loans worth PKR 56.697 billion for the installation of 300 MV Floating Solar Photovoltaic (FPV) in Tarbela Ghazi Hydropower Generation Complex, according to a news story published in the national dailies on May 18.
As per the details, the WB will be financing the solar power project at water bodies in Tarbela Ghazi Hydropower Generation Complex through a soft loan. Under the said project, 300 MV FPV will be installed on two water bodies; 150 MW at Ghazi Barrage Head Pond and 150 MV on Ghazi Barotha Forebay.
Moreover, the solar power project will raise the supply of electricity during peak hours and strengthen capacity through large-scale demonstration of solar-hydropower hybrid operation. It was mentioned that there are several reservations about the project. It was suggested to execute a generation capacity expansion project on Independent Power Producers (IPP) model. Also, WAPDA was recommended to focus its available capacities on water resources and hydropower development. The solar power project will be implemented by Alternate Energy Development Board (AEDB).
Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows & movies.
