100 MW Solar Project Earns Rs 900 Mln Profit

100 MW solar project earns Rs 900 mln profit

LAHORE, (Pakistan Point News - APP - 16th Jan, 2017 ) : The 100 Mega Watt solar project installed in Quaid-e-Azam Solar Power Park, Bahawalpur has earned a profit of Rs 900 million in one year and a cheque for the amount was presented to Punjab Chief Minister Muhammad Shehbaz Sharif by Quaid-e-Azam Solar Power Company Chairman Arif Saeed during a briefing on the project, here Monday. The Chief Minister, on this occasion, announced the profit (Rs 900) earned from the project would be spent on healthcare system to improve health facilities provided to the people.

"Each penny of the profit will be spent in a transparent manner," he added. Shehbaz Sharif said the profit earned from Quaid-e-Azam Solar Power Project in one year proved excellent performance of the Punjab government, and the chairman of the solar power project had worked tirelessly to make the project successful. He said he was very pleased that the project had earned the profit and performance of the project had remained four percent more than the target set by NEPRA.

He said the Punjab government was making all-out efforts to eliminate darkness of load-shedding once and for all, and Quaid-e-Azam Solar Park was not only playing a vital role in overcoming load-shedding, but it had also earned profit that would be spent on health sector. Shehbaz Sharif said the Punjab government was ensuring transparency in all the projects and it was the result of this transparency that the amount of Rs 900 million had been deposited into the exchequer. Chairman Planning and Development, Secretary Finance, Secretary Energy, Secretary Specialized Health and Medical education, CEO Quaid-e-Azam Solar Park and other concerned officers were also present on the occasion.