Pakistan unveils 2016 solar feed-in tariffs

The National Electric Power Regulatory Authority (NEPRA) of Pakistan has released solar feed-in tariffs (FITs) for solar PV plants in Pakistan, to be applied from 1 January 2016 to 30 June 2016. Tariffs are split by region (North and South) and by plant's capacity; they are guaranteed for 25 years and decrease by an average 55% after 10 years:



North region:

- 1 MW to 20 MW: US$14.06c/kWh for the first ten years (US$11.53c/kWh levelised for 25 years);

- 20 to 50 MW: US$13.94c/kWh for the first ten years (US$11.45c/kWh levelised for 25 years);

- 50 to 100 MW: US$13.81c/kWh for the first ten years (US$11.36c/kWh levelised for 25 years).



South region:

- 1 MW to 20 MW: US$13.28c/kWh for the first ten years (US$10.89c/kWh levelised for 25 years);

- 20 to 50 MW: US$13.16c/kWh tariffs for the first ten years (US$10.81c/kWh levelised for 25 years);

- 50 to 100 MW: US$13.05c/kWh tariffs for the first ten years (US$10.72c/kWh levelised for 25 years).





Pakistan introduced the first upfront tariff for solar PV plants in January 2014 for a total capacity of 50 MW with projects ranging between 1 MW and 10 MW; tariffs were set at US$16.3c/kWh for the South region and US$17c/kWh for the North region. Tariffs expired on 20 July 2014 and a second tariff was set in January 2015 to run until 31 December 2015; tariffs range between US$14.15c/kWh and US$15.02c/kWh for the three capacities.