The government of Punjab has signed an agreement for the generation of the cheapest solar power in the history of Pakistan. The deal was inked on Thursday, under which private investors will set up a 100 MW solar power plant in Layyah district with a tariff of only 3.7 cents.
Punjab Chief Minister, Sardar Usman Bazdar, and Federal Minister for Energy, Omar Ayub Khan, were the chief guests at the signing ceremony of the agreement between the Punjab Power Development Board, Alternative Energy Development Board, and Zhenfa Pakistan New Energy Company.
