WAPDA Pursues International Collaboration for Pakistan's Premier 300 MW Floating Solar Initiative
The Water & Power Development Authority (WAPDA) hosted a Bangkok road show to draw international bids for its pioneering 300-megawatt floating solar project in Pakistan. This first-of-its-kind project plans to utilize floating solar panels on two reservoirs at the Tarbela-Ghazi Barotha hydropower complex, aiming to provide affordable, clean electricity to the national grid.
The event saw participation from 58 delegates representing 50 global companies. Presentations focused on the project's financial, technical, and bidding details, following the release of bidding documents in October 2023 as per World Bank guidelines, with bids due by March 12, 2024.
The World Bank has expressed interest in funding 95% of the $300 million project. Key figures at the event included WAPDA Chairman Engr (retd) Lt Gen Sajjad Ghani and Pakistan’s Charge d’ Affairs in Thailand, Yasir Hussain. Chairman Ghani emphasized the project's potential for lucrative business through a transparent international bidding process and WAPDA's commitment to collaborate with top firms. The project, combining floating solar with hydropower, will establish two 150 MW plants at the Tarbela-Ghazi Barotha Complex, annually contributing 484 million units of low-cost electricity to the national grid. The road show provided a platform for dialogue between WAPDA, consultants, and interested bidders.