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Pakistan Cuts Solar Buyback Price After Chinese Panel Boom

Summary by Bloomberg

Pakistan has lowered the rate it pays for electricity from solar users, after a massive boom had made the nation the third-largest destination for Chinese panels.

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Bloomberg

Pakistan Cuts Solar Buyback Price After Chinese Panel Boom

Pakistan has lowered the rate it pays for electricity from solar users, after a massive boom had made the nation the third-largest destination for Chinese panels.

2 hours ago·United States

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Arab News

Pakistan revises solar net-metering buyback rate to ease burden on

ISLAMABAD: Pakistan’s Economic Coordination Committee (ECC) on Thursday revised the buyback rate for solar net-metering electricity from Rs27 per unit to Rs10 per unit, saying the move was intended to ease the burden on grid consumers. The net-metering policy approved in 2017 allows homeowners and businesses to generate electricity using solar panels and export any excess to

16 hours ago·Riyadh, Saudi Arabia

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Dawn

ECC approves amendments to net-metering regulations, cuts buyback rate to Rs10/unit

The Economic Coordination Committee (ECC) on Thursday approved amendments to the existing net-metering regulations to reduce the growing financial burden on grid consumers and slashed the buyback tariff to Rs10 per unit. In a meeting with the International Monetary Fund last week, the government had briefed the Fund on plans to slash solar net-metering tariffs from Rs26/unit to Rs10, raising concerns about the impact on consumers shifting to off…

18 hours ago·Pakistan

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The News

Buyback tariff of solar rooftop consumers slashed to Rs10 per unit

ISLAMABAD: The federal government has reduced the buyback rate of solar rooftop consumers to Rs10 per unit from Rs27 per unit “in a bid to reduce financial burden on grid consumers”,...

21 hours ago·Pakistan

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republicpolicy.com

ECC Approves Changes to Net-Metering Regulations, Cuts Buyback Tariff to Rs 10/Unit - Republic Policy

The Economic Coordination Committee (ECC) has approved significant amendments to the country’s net-metering regulations aimed at alleviating the financial burden on grid consumers. One of the key changes is the reduction of the buyback tariff to Rs 10 per unit. During a recent meeting with the International Monetary Fund (IMF), the government outlined plans to slash solar net-metering tariffs from Rs 26 per unit to Rs 10, raising concerns about …

13 hours ago

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dailythedestination.com

Electricity Rate for Net Metering Reduced – Find Out the New Rate!

ISLAMABAD: The Economic Coordination Committee (ECC) has decided to reduce the purchasing rate of additional electricity under net metering by Rs10 per unit, bringing it down from Rs27 to Rs10 per unit. The committee also approved the export of potassium sulphate fertilizer from Gwadar port and allocated funds for various ministries. The meeting, chaired by […] The post Electricity Rate for Net Metering Reduced – Find Out the New Rate! appeared …

16 hours ago

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