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Karachi industrialists propose solar-powered charity model

11 1
yesterday

ISLAMABAD: Amid official efforts to tame consumer-oriented penetration of solar energy, Karachi-based industrialists and financial wizards have sought to introduce a not-for-profit “Social Net-Metering Unit Donation Framework (SNUDA) to divert surplus solar generation to the poor and deserving consumers.

The framework originally proposed by business leader and former Karachi Stock Exchange managing director Moin M. Fudda is now being pushed by the Korangi Association of Trade and Industry (Kati). It is believed the proposal would reduce the government’s subsidy burden, ease industrial tariffs from cross-subsidy pressures, and help improve recoveries and reduce system losses for distribution companies across the country.

The proposal has been formally submitted to the National Electric Power Regulatory Authority (Nepra), which may take it up for public and stakeholder comments on Friday (February 6).

The proposal, according to Kati President Muhammad Ikram Rajput, has been developed by Mr Fudda and Kati representative Rehan Javed and envisaged “a voluntary, non-monetary, and regulator-supervised framework that allows net-metering consumers (prosumers) to donate a portion of their surplus electricity units, in kilowatt-hours, to low-income households registered with........

© Dawn Business