Quaid-e-Azam Solar Private Limited (the “Company”) has constructed Pakistan’s first utility scale, grid-connected 100MW Solar Photovoltaic Power Plant in Bahawalpur (the “Project”). The Total Equity of the Government of Punjab in the Project is Rs. 3.81 Billion. The Project is supplying electricity to the National Grid since 27-03-2015 and has achieved Commercial Operations (“COD”) w.e.f. 15-07-2015. The Project is generating electricity which is higher than the required benchmarks set out by NEPRA and therefore earning good revenue.
The Punjab Privatization Board is carrying out the process of privatization of the Company and in this regard a Financial Advisory Services Agreement (FASA) was signed between the Punjab Privatization Board (PPB) and M/s United Bank Limited (UBL) to privatize Quaid-e-Azam Solar Power (QASP).
You can also find and download Quaid-e-Azam Solar Power (Pvt.) Limited related documents below:
- Invitation for Experssion of Interest (EOI)
- Addendum - Extension of Date
- Presentation by CEO of QASPL
- Preliminary Information Memorandum (PIM)
- Pakistan's Power Sector Overview
- Power Policy and Tariff Overview
- Process Moving Forward