HomeInfrastructureGermany-based integrated solar developer, planned entry into #Pakistan

Germany-based integrated solar developer, planned entry into #Pakistan

Germany-based developer has applied for a generation licence to set up 50 megawatts of solar power plant in #Balochistan with an estimated investment of $56.15 million

According to the report, IB VOGT GmbH, a Germany-based integrated solar developer, planned entry into #Pakistan’s renewable energy market with a solar power plant to be set up in Gwadar, though its special purpose vehicle P&G Energy Pvt Ltd. P&G Energy approached the National Electric Power Regulatory Authority (Nepra) for a generation licence.

According to a document, Balochistan Power Development Board issued a letter of intent to the sponsors of the project. After issuance of the letter of intent, the sponsors of the project incorporated a special purpose vehicle P&G Energy Pvt Ltd

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