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Solar Power System’s in demand

bySidra Butt
June 8, 2021
in Main, New, Technology
Reading Time: 1 min read
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Import of Solar power system machines hit $1.4 billion in the first ten months of the ongoing fiscal year (10MFY21) from $971 million in the same period last year. However, market players contest this whopping import bill figure, attributing it to bulk import of generators for housing and government-related projects instead of household consumption.

They said increasing demand of solar power systems has badly hit the sales of small and medium-sized generators. Prices of generator have also gone up despite rising rupee value against the dollar.

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However, many consumers feel the intensity of loadshedding has slowed down in the last few years and there is no need to take a costly ride by purchasing generators.

“Sales of solar power systems have gone up 80 per cent in the last two years owing to a soaring demand in rural areas where power availability is still a remote possibility,” said M. Saleem Memon, the vice-president of Karachi Electronics Dealers Association (KEDA).

Tags: DollarExportImportsolar panelsSolar Power System
Sidra Butt

Sidra Butt

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