Staff Reporter Rawalpindi
Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS-AAUR) and Netline Pvt. Ltd. Karachi has signed Memorandum of Understanding (MoU), under which the said company will install 1.2 MW (Phase-I) up to 2.5 MW grid-tied solar energy generation to set up the solar power plant at University main Campus.
Through this intervention 30-40% electricity will be saved and will also be helpful to provide renewable energy based cost-effective solutions to PMAS-AAUR through solar energy for sustainable growth and future.
Solarization is the initiative of the Government of the Punjab for saving ample energy and also the part of Clean & Green Pakistan movement under the direction of the Honorable Prime Minister of Pakistan.
M/S Netline Pvt. Ltd. Karachi was the lowest bidder and the contract under the bid rate was Pak Rs. 13.91 Per kWh for the debt period of ten (10) years and Pak Rs. 12.00 Per kWh for the post debt period of fifteen (15) years for installation of 1.2 MW solar setup by using the rooftop of university under the power purchase agreement for 25 years.