K-Electric (KE) and Oursun Pakistan have signed a 25-year Energy Purchase Agreement (EPA), reported Radio Pakistan.

Oursun provides business-to-business alternative energy solutions in Pakistan.

The 50 megawatt (MW) solar power project is expected to commence commercial operations by the first quarter of 2018. The project is being developed in Gharo, Thatta and is spread over an area of 144 acres.

A KE spokesperson in a statement claimed that the project underlines KE's vision to add environment-friendly and cost-effective means of power generation to its energy mix.

Solar power generation is environment-friendly and will be a good mix to the overall power generation capacity of KE, an Oursun spokesperson said.

"The project is being established to exclusively provide renewable energy to KE consumers,” he added.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...
Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...