Posted inTech and Telecom
Solar Panel Prices Increase in Pakistan Just Days Before Budget Presentation
Solar prices in Pakistan have suddenly increased by Rs. 8/Watt just days before the presentation of the federal budget 2024-25. The prices of solar panels have spiked as dealers are bracing themselves for new taxes on the sector in the new budget. The federal government is expected to unveil the new budget on Wednesday, 12 June 2024. As of June 2024, a 588W plate now costs Rs. 4,000-5,000, while a 180W panel costs Rs. 1,440. Notably, smaller panels, ranging from 180-280W, are seeing the highest increase in rates this month. Prices have also increased due to fears that the federal…