Though I must admit I was critical of Nizam Energy, a few months back on the solar energy plant to be installed in Sindh. My argument then, was on PML and the tenured 25 year guaranteed tariff for this solar plant which was exceptionally too high, far beyond other energy resources – at the singing of the contract NEPRA’s published 25 year tenured rate for solar was Rs. 14.8 KwH, while wind was at Rs. 12.1 KwH & furnace oil around Rs 11.2 KwH – this is assured income for a renewable source of energy that the people of Pakistan will pay for the next 25 years
That said, there is nothing to take away from the energy and passion of Usman to do more for the country and I respect that, for his own he pulled out a brilliant deal, but it is probably me to criticise PML which needs to think long term for the people of Pakistan
It was a delight reading his story on the Acumen blog – I wish him all the best – a true Made in Pakistan story to be proud off – I look forward to seeing more of him and his efforts to conquer more insurmountable tasks for the sake of Pakistan