Pakistan Cuts Solar Buyback Price After Chinese Panel Boom

Bloomberg · last updated March 14, 2025 – 12:14 AM

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.

The Economic Coordination Committee reduced the price by almost two-thirds to 10 rupees a unit for new net-metered costumers to ease the growing financial burden on grid consumers, according to a finance ministry statement. The lower cost will be applicable to existing customers after their current agreements end with power suppliers, it added.

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