Govt policy to promotion of renewable energy top priority, PM

Islamabad : Prime Minister Shehbaz Sharif reaffirmed that there would be no changes to the government’s policy on solar energy, emphasising that the promotion of renewable energy remains a “top priority.”

The statement, issued by the Prime Minister’s Office (PMO), came during a meeting chaired by the Prime Minister in Islamabad to review developments concerning the Power Division.

This declaration follows the government’s recent decision to reduce the buyback rate for net-metering solar electricity from Rs27 per unit to Rs10 per unit.

The government explained that this adjustment was necessary due to the “significant increase in the number of solar net-metering consumers” and the resulting financial strain on grid consumers.

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