Prince Rahim launches two solar power plants in Hunza

Published June 10, 2024
PRINCE Rahim Aga Khan oversees the unveiling of the plaque commemorating the start of phase II of the Duiker Solar Power Plant, on Sunday.—Photo by the writer
PRINCE Rahim Aga Khan oversees the unveiling of the plaque commemorating the start of phase II of the Duiker Solar Power Plant, on Sunday.—Photo by the writer

GILGIT: In order to help mitigate the difficulties created by the electricity shortage in the region, Prince Rahim Aga Khan launched two solar power plants in Hunza on Sunday.

Prince Rahim, who is on a visit to Pakistan these days, launched the development of Duiker Solar Power Plant Phase II and Nasirabad Solar Power Plant, which have a combined capacity of 3.6 Megawatt Peak (MWp).

With a generation capacity of 1MWp, the phase I of the Duiker plant commenced operations in November 2023. The plant increased the daily power availability for more than 11,000 people, from 10 to 17 hours in summer and from 4 to 9 hours in winter.

Its phase II is estimated to expand generation capacity from 1MWp to 1.6MWp, and battery storage from 0.6MWh to 1MWh, providing increased electricity to an additional 8,760 people. Crucially, Duiker replaces diesel power generation, leading to an annual reduction of 1,100 tonnes of CO2 equivalent.

The two projects will cost $6m

A 2MWp solar power plant with 1MWh battery storage will also be built in Nasirabad in lower Hunza.

This will supply electricity to an additional 23,400 people. This plant is expected to be commissioned in June 2025.

NPAK Energy Limited, a subsidiary of Industrial Promotion Services, the industrial and infrastructure development arm of the Aga Khan Fund for Economic Development, is investing $6 million in these projects.

Project financing blends equity, sustainable debt, and grants. An additional $14m has been secured from development partners for the enhancement of the region’s energy infrastructure.

Over the next five years, NPAK Energy will mobilise additional investments in clean, sustainable sources of electricity across Hunza and surrounding areas, addressing the region’s acute energy deficit while contributing to global efforts to mitigate climate change.

Published in Dawn, June 10th, 2024

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

Opinion

Editorial

UAE’s Opec exit
Updated 30 Apr, 2026

UAE’s Opec exit

THE UAE’s exit from Opec is another sign of the major geopolitical shifts that are reshaping the global order. One...
Uncertain recovery
30 Apr, 2026

Uncertain recovery

PAKISTAN’S growth projections for the current fiscal present a cautiously hopeful picture, though geopolitical...
Police ‘encounters’
30 Apr, 2026

Police ‘encounters’

THE killing of nine suspects by Punjab’s Crime Control Department across Lahore, Sahiwal and Toba Tek Singh ...
Growth to stability
Updated 29 Apr, 2026

Growth to stability

THE State Bank’s decision to raise its key policy rate by 100 basis points to 11.5pc signals a shift in priorities...
Constitutional order
29 Apr, 2026

Constitutional order

FOLLOWING the passage of the 26th and 27th Amendments, in 2024 and 2025 respectively, jurists and members of the...
Protecting childhood
29 Apr, 2026

Protecting childhood

AN important victory for child protection was secured on Monday with the Punjab Assembly’s passage of the Child...