ISLAMABAD
The government planned a 500-megawatt floating solar power project at the Keenjhar Lake in Sindh for the generation of clean, renewable energy to support the country’s growing energy needs while reducing reliance on imported fossil fuels. According to documents available with Wealth Pakistan, the $243.63 million project will generate around 861.91 gigawatt-hours of electricity annually, with a capacity factor of 19.6%, and supply power to K-Electric under a long-term Power Purchase Agreement. The initiative is aligned with Pakistan’s 2030 emission reduction goals. The project will be executed through the Engineering, Procurement and Construction (EPC) model, selected through competitive bidding.
