Engineering Post Report
The Federal Government is making hectic efforts to find an investor for the 600 MW Solar Power Plant at Kot Addu.
According to the reports, the Initial Request for Proposal has been floated five times since it was initially done in February 2023 till December 2023.
This will be the first of its kind project in the country, which as and when comes on the ground after a financer comes forth sooner or later ,as a landmark achievement in the acquisition of renewable energy through international competitive bidding. This was the major first initiative under the already approved Framework Guidelines for Fast Track Solar PV Initiatives 2022.. Experts when contacted said that there ought to be some flaws in the offer such as the tariff which needs to be examined and revised by the new federal government coming into power in the country after the February 8,2024 general elections. The Private Power and Infrastructure Board (PPIB) , the entity entrusted with the important responsibility of overseeing the bidding for the project should also do soul searching as to what is wrong with the initial request for proposal and set things right before making another attempt, after five failed attempts one after the other during 2023, the experts asserted.