Pakistan’s NEPRA issued 1,596 net-metering licenses all through the nation with a cumulative functionality of 221.05 MW inside the 2022-23 fiscal 12 months, consistent with official statistics from the Associated Press of Pakistan.

The licenses had been issued to prospects beneath 9 utterly completely different firms. The three firms with basically probably the most prospects that had been granted net-metering licenses have been Okay-Electrical (458), Lahore Electrical Present Agency (331), and Faisalabad Electrical Present Agency (183).

 

The willpower is decreased than in 2021-22 when 7,032 net-metering licenses had been granted for an entire 243.43 MW. Pakistan launched net-metering in 2015 and first updated the scheme in 2018.

Ultimate 12 months, NEPRA scaled once more and plans to chop again the tariff paid to net-metered households. As of proper this second, the tariff nonetheless stands at PKR 19.32 ($0.069)/kWh.

In response to the newest figures from the Worldwide Renewable Energy Firm (IRENA), Pakistan had put in 1,244 MW of photograph voltaic by the tip of 2023.