Entrepreneurship Assignment I

Feasibility study on investing in renewable

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power plant
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Submitted To: Asif Iqbal I I I

Submitted By: Muhammad Ismail Memon

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Roll Number: BS58-6788

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Table of Contents
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Background..................................................................................................................................................3
Introduction.................................................................................................................................................3
Solar IPower IPlant........................................................................................................................................5
Wind IPower IPlant........................................................................................................................................6
Comparison Iof Iboth Iaccording Ito Iinvestment Iplans....................................................................................6
Background
Pakistan Iis Ione Iof Ithe Imost Ipopulated Icountries Iin Ithe Isouthern IAsia Iregion, Icontributing Igenerally I2.56 I
% Iof Ithe Ihard Iand Ifast Ioverall Ipeople. IThe Icountry Iis Idependent Iupon Ito Ifill Iin Ias Ia Iworldwide Itrade Iand
Iessentialness Icorridor Iin Ithe Inear Ifuture Ion Iaccount Iof Iits Ikey Iterritory. I

As Ithe Iworld Iis Imoving Iinto Ia Imore Irenewable Isource Iof Ienergy Ias Iit’s Igetting Imore Icautious
Iabout Ithe Ienvironments Isafety, Ias Icountries Iare Inow Imoving Itowards Isolar Ipanels, Iwindmills, Ibio

Idegradable Igas, Ihydroelectricity, Ietc. IAs Iwe Iall Iknow Ithe Ienvironment Iis Iin Ijeopardy, Iwhere Ithe

Iozone Ilayer Iis Idepleting Ias Iper Ihour. IAs Ithe Iozone Ilayer Iis Ithe Iupper Itroposphere Iof Ithe Iearth

Iwhich Ireflects Ithe Iharmful Isunrays Ifrom Ientering Iour Iatmosphere. IThis Inot Ionly Iprotects Ithe Iearth

Ifrom Iwarming Iup Ibut Ialso Iprotects Ithe Iglaciers Iwhich Ihave Ibeen Imelting Isince Ithe Ipast Idecade Ior

Iso. IThis Imakes Ithe Isea Ilevel Irise Iup Iwhich Iwill Imake Ithe Ibeach Icities Iunderwater Iby Ithe Iyear

I2040-2050, Ithat Iis Ijust Ian Iassumption. I

This Iis Inot Ionly Ifrom Ithe Iemission Iof Igreenhouse Igases Ifrom Ithe Ipower Iplants, Ibut Ithey
Icontribute Ito Ia Imajor Iamount Iof Iemission Iof ICo2 Iin Ithe Iair. I

Introduction
Manageable Istockpile Iof Ivitality Ito Imeet Ithe Ipresent Iand Ifuture Iresidential Iand Imodern Irequests Iin
IPakistan Iwill Idepend Ion Ifull-scale Iage Ifrom Ithe Idiverse Ivitality Isources Iso Ias Ito Imake Inoteworthy

Icommitments Ito Ithe Iproduction Inetwork. IAs Iindicated Iby Ithe ILeading Ibody Iof IVenture IPakistan,

Ithe Iintroduced Ipower Ilimit Iis I22,797 IMW. IPakistan Iis Ifully Idependent Ion Ithe Iusage Iof Ifossil Ifuels

Ias Ia Iprimarily Isource Iof Ienergy Iwith Ihaving Ijust Ione IHydroelectric Ipower Iplant Iwhich Inot Ienough

Ito Iprovide Ipower Ito Ithe Ientire Ipopulation Iof IPakistan. IWith Ithe Ipower Ibeing Icut Ioff Ion Ia Iday-to-

day Ibasis, Iindustrialists Iare Ifacing Ithe Iissue Iof Ibuying Igenerators Iin Iorder Ito Isustain Ithe Iloss Iof
Iproducts Ibeing Imade Iand Iexported Iand Iused Iwithin Ithe Icountry, Icreating Ia Ideficit Iof Iproducts

Iwithin Ithe IPakistani Imarket. I

If IPakistan Iputs Imore Irenewable Ipower Iplants Ithis Iwould Idecrease Ithe Iconsumption Iof Ioil Iand
Inatural Igas Ias Iwell Icoal, Iwhich Iwill Idecrease Ithe Ideficit Iof Iimports I– Iexports, Ithis Iwould Imake

IPakistan’s IGDP Igrow Iimmensely Imore Icompared Ito Ithe I3.05GDP Icurrently Iwith Ithe Itextile

Iindustry Ion Ithe Iverge Iof Iclosing Idown, Iwith Ionly Ia Ifew Iremaining. I

The Irising Ioil Iprice Ialong, Iwith Ithe Irising Idemand Ifor Iuninterrupted Ipower, Iis Icreating Iadditional
Ipressure Ion Ithe Ialready Ifragile Ielectricity Igrid Iof IPakistan. IWith ICPEC Icoming Iinto Ifactor, Iit

Iwould Itake Ithem Iat Ileast I20-30 Iyears Ito Imake Ia Ipower Iplant, Ialthough Itheir Ielectricity Iwould Inot

Ibe Iable Ito Iproduce Ienough Ienergy Ito Igive Iit Ito Ientire IPakistan. IThe ISindh Igovernment Iis Iin Ithe

Imaking Iof Ia Icoal Ipower Iplant Iin IThar, Iwhich Iis Inot Inecessary Ias Ithe Iworld Iis Imoving Iinto Ia Imore

Irenewable. I

Pakistan Ihas Ifour Imain Irenewable Ienergy Isources. IThese Iare Iwind, Isolar, Ihydro, Iand Ibiomass.
IThese Iresources Ihave Ia Isignificant Ipotential Ito Iprovide Isolutions Ito Ithe Ilong-lasting Ienergy Icrisis

Iin IPakistan. IHence, Ia Isteady Idevelopment Iof Ithese Iresources Iis Ia Icrucial Istep Ito Iovercome Ithe

Iexisting Ienergy Ichallenges Iin Ian Ienvironmental Ifriendly Imanner.

Karachi Inuclear Ipower Iplant Iwas Icreated Iin I1971, Iwith Iit Ibeing Ishut Idown Ito Iproducing Ipower Iand Ionly
Iused Ifor Imedical Ipurposes. I
Solar Power Plant
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The Igraph Ishows Ihow Imuch Isolar Ienergy Ican Ibe Iproduced Ifrom Ithese Imain Icities, Iincluding Ithar
Ias Iwell, Ithis Icould Ihelp Ipower Iup Ithe Ientire Icity. IIf I300pv Isolar Ipanels Iare Iplaced, Iit Iwould Ipower

Iup I500 Ihomes, Imosques, Ischools, Icolleges, Ietc. IIf Ithe Isolar Ipanels Iare Iincreased Ito Iaround I500-

1000pv Ithen Iit Iwould Ialmost Ithe Ientire Ithe Icity, Ithis Iwould Ihelp Iwith Ithe Isaving Iof Ithe
Ienvironment, Ias Iwell Ias Ithe Icost Iof Iusage Iof Inatural Igas Iand Ithe Ioil Iand Icoal. IPakistan Iwith Ia Iland

2,
Iarea Iof I796,096 Ikm this Iunique Igeographical Iposition Iand Iclimate Iconditions Iis Iadvantageous
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−1
Ifor Ithe Iexploitation Iof Isolar Ienergy. IAlmost Ievery Ipart Iof Ithe Icountry Ireceives I8–10 Ih Iday Ihigh

Isolar Iradiations Iwith Imore Ithan I300 Isunshine Idays Iin Ia Iyear. ISolar IPowered IEfficient IPumps

Icould Ireplace Ithe I260,000 Iwater Ipumps I(tube I-wells) Iwith Ia Isanctioned Iload Iof Iover I2,500 IMW

Ioperated Iwith Ielectricity. IPakistan Ihas Iover I500,000 IStreet ILights Iwith Ia Isanctioned Iload Iof Iover

I400 IMW. IThey Ioffer Iopportunities Ito Ibe Ireplaced Iwith IEfficient ISolar ILighting.

Pakistan Ihas Ia Iland Iarea Iof I800,000km2 Iand Isome Iof Ithe Iplant Ican Ibe Iutilized Ito Icreate Isolar
Ienergy, Iwith Iwhich Iit Ican Ipower Iup Inot Ithe Ientire IPakistan Ibut Ialso Iexport Iit Ito Iits Ineighboring

Icountries. IA Istudy Ishowed Ithat I1Kva Isolar Ipanel Ican Icreate Iabout I0.23kw Ienergy, Inow Iif I500-

100 Iwere Iinstalled Ithen Iit Iwould Icreate Iaround, I230kw Ienergy, Ithis Iwould Ibe Ienough Ito Ipower Ia
Igood Iamount, Ibut Imore Iwould Ibe Iinstalled Ilater Ion Ias Ithe Iproject Iplans Igrows Ilarger. I

With Ithe Iinstallation Iof Isolar Ipanels Icomes Igreat Iresponsibility Iof Ihandling Ithe Ipanels, Ithe
Imaintenance Icost Iwould Ibe Ia Ibit Ihigh Ibecause Ithe Icleaning Iand Ieverything. I
 Wind Power Plant
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Pakistan Ihas Ia Ipotential Ifor Iwind

Ienergy Iespecially Iin Ithe Isouthern Icoast Iand Icoastal IBaluchistan Iand IKarachi Iincluded. IThe Imap

Ishows Ia Istrategic Ilocation Ias Ito Iwhere Ithe Iwind Ipower Iplants Iwould Ibe Iin Iorder Ito Ibe Iat Itheir Ifull

Ipotential. IDifferent Iwind Ipower Iprojects Iwith Ia Icumulative Icapacity Iof Iapproximately I964 IMW.

IThe Ivast Iarea Iof IGharo ICorridor Iwas Idiscovered Iwith Ia Ivast Iarea Iof I9800km2, Iwhich Ihas Ihigh

Iwind Ispeed Iso, Iif Ionly I25% Iof Ithat Iland Iwould Ibe Icovered Iwith Iwind Ipower Iplant Ithen Ithat Iwould

Iproduce Iaround I11,000MW Ipower. IThis Iwould Isurpass Ithe Ielectricity Ideficit Ithat IPakistan Iis

Icurrently Ifacing. I I

Comparison of both according to investment plans

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I
Price Price IPer Labor Installation Total Fuel Maint: Life
I(USD) Iinstallation ICost Icost IInstallation Icons: Icost I(years)

I(USD) I(USD) Icost I(USD) I(USD/h) I(USD/h)

Solar 700 700*1000=632,00 500 150,000 790,000 0 0.08 25

Ipanel 0
I(1 IkVA)

Wind 40,000 40,000*50= 800 300,000 600,000 0 0.05 12–15

Iturbin I200,000

e I(1
IkVA)
References
https://energsustainsoc.biomedcentral.com/articles/10.1186/s13705-016-0082-z#Tab1

https://www.power-technology.com/features/pakistan-energy-mix/

https://en.wikipedia.org/wiki/Electricity_sector_in_Pakistan

http://www.finance.gov.pk/survey/chapters_19/14-Energy.pdf

https://energypedia.info/wiki/Pakistan_Energy_Situation

https://www.thenews.com.pk/print/554870-power-supply-demand-to-remain-balanced-for-next-11-
years-study