HomeRegional NewsBRICSWorld Bank, Pakistan ink $100m solar deal

World Bank, Pakistan ink $100m solar deal

On Wednesday, the World Bank and the government of Pakistan signed a $100 million agreement for the development of the Sindh Solar Energy Project.

The project objective aims to increase solar power generation and access to electricity in the Sindh Province.

According to the World Bank, the project comprises four components:
Utility-Scale Solar; Distributed Solar; Solar Home Systems; and Capacity Building and Technical Assistance.

Utility-Scale Solar

Aims for the identification and development of a series of publicly owned solar parks, and support for the competitive selection of private sector developers through solar auction for the construction of solar power plants in the solar parks.

Distributed Solar

Aims for procurement and installation of solar PV systems and associated energy management systems on rooftops and other available space on and around public sector buildings.

Solar Home Systems

Aims for deployment of affordable SHSs in prioritised areas with low or no access to electricity, analysis and identification of priority areas, activities to enhance consumer awareness and financial literacy, product certification and quality control, and Monitoring and evaluation (M and E) activities.

Capacity Building and Technical Assistance

Aims to support the design and implementation of the project and compliance with fiduciary, gender, M and E, procurement, and safeguards requirements.

View the latest project documents:

Disbursement and Financial Information Letter for Credit 6258-PK 

Financing Agreement for Credit 6258-PK

Project Agreement for Credit 6258-PK 

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.