Staff report lhr: Oursun Solar Power Ltd., a subsidiary joint venture company of the Swiss-based meeco Group, and the Pakistani multinational Nishat Group have signed an agreement for the supply of a total of up to 2.0 MWp of “sun2roof” solar photovoltaic (PV) installations for the future emporium mall in the framework of a Power Purchase Agreement (PPA).
The mall will be located in the Trade and Finance Centre at Johar Town near the Expo Centre in Lahore and will be the biggest custom-built shopping mall in the country covering a total area of 2.7 million square feet.
The construction of the mall is expected to be completed in the fourth quarter of 2015, while the installation of the sun2roof solar PV system is foreseen to be initiated after coming October and would be completed by the year end.
Nishat Group is one of the largest private employers with 30,000 employees in Pakistan. With the Emporium mall, one of its biggest real estate development projects so far, the company chose to go for clean/renewable energy source through Oursun with The meeco Group. This installation will make use of high quality European components and is expected to produce 3.85 MWh of solar power per year thus saving 331 tons of CO2 emissions.