{"id":49804,"date":"2024-09-25T15:48:05","date_gmt":"2024-09-25T10:48:05","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=49804"},"modified":"2024-09-25T15:48:05","modified_gmt":"2024-09-25T10:48:05","slug":"k-electrics-receives-bids-for-pakistans-maiden-220mw-hybrid-wind-solar-project","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/pakistan\/k-electrics-receives-bids-for-pakistans-maiden-220mw-hybrid-wind-solar-project\/","title":{"rendered":"K- electrics receives bids for Pakistan&#8217;s maiden 220MW hybrid wind\/solar project"},"content":{"rendered":"<p>KARACHI: <a href=\"https:\/\/dailyausaf.com\/en\/world\/lebanons-hezbollah-launches-rocket-attack-on-mossad-hq-near-tel-aviv\/\">K-Electric,<\/a> Pakistan&#8217;s sole private utility company, achieved a significant milestone with its 220 MW hybrid wind\/solar project in Dhabeji, Sindh, receiving seven bids.<\/p>\n<p>Following approval from Nepra, KE pioneered a competitive bidding process in<a href=\"https:\/\/dailyausaf.com\/en\/world\/un-secretary-general-guterres-calls-for-urgent-global-reforms-warns-of-grave-risks-to-security-and-development\/\"> renewable energy<\/a>. JCM Power, a Canada-based renewable energy firm, submitted the lowest tariff bid of Rs8.9189 per unit.<\/p>\n<p>KE aims to increase renewable energy&#8217;s share to 30% of its mix by 2030. <a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/pti-leader-moonis-elahis-cnic-blocked-in-money-laundering-case\/\">CEO Moonis Alvi<\/a> expressed satisfaction with the transparent bidding process, thanking investors for their confidence in KE and Pakistan&#8217;s economic potential.<\/p>\n<p>He also appreciated Nepra&#8217;s support, highlighting the project&#8217;s alignment with KE&#8217;s vision to integrate renewables, reduce generation costs, and decrease dependence on imported fuel sources.<\/p>\n<p><a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/salaries-perks-of-grade-22-officers-revealed-in-pakistan\/\">Chief Strategy Officer Shahab Qader<\/a> noted that this project integrates solar and wind energy for improved efficiency and requires specialized expertise.<\/p>\n<p>KE&#8217;s renewable energy projects in Winder, Bela, and Dhabeji garnered 2,960MW in offers, affirming the company&#8217;s strategy to achieve the cheapest generation cost possible.<\/p>\n<p>This approach has the potential to break the cycle of dependence on costlier sources, reduce energy production costs, and contribute to Pakistan&#8217;s economic progress.<\/p>\n<p>KE will submit the bid evaluation report to Nepra for approval, marking a significant step towards a sustainable future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: K-Electric, Pakistan&#8217;s sole private utility company, achieved a significant milestone with its 220 MW hybrid wind\/solar project in Dhabeji, Sindh, receiving seven bids. Following approval from Nepra, KE pioneered a competitive bidding process in renewable energy. JCM Power, a Canada-based renewable energy firm, submitted the lowest tariff bid of Rs8.9189 per unit. KE aims [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":49806,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[6051,22255,22256,22257],"class_list":["post-49804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan","tag-k-electric","tag-220-mw-hybrid-wind-solar-project","tag-chief-strategy-officer-shahab-qader","tag-renewable-energy"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/49804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=49804"}],"version-history":[{"count":2,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/49804\/revisions"}],"predecessor-version":[{"id":49807,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/49804\/revisions\/49807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/49806"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=49804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=49804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=49804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}