Shams Power

• Business and institutional users will benefit from lower electricity costs through the rooftop systems installed without incurring any upfront capital expenditure.
• Business users will benefit from a saving of 30-50 per cent on their electricity costs. The solution increases businesses’ ability to rely on electricity in case of grid black-outs and reduces their reliance on back-up diesel generators.
• In addition, the transaction will lead to long-term job creation in the project value chain. Over 60 local permanent jobs are expected to be created.

• This transaction has the potential to transform the rooftop solar market in Pakistan by demonstrating the ability for rooftop solar providers to access debt funding locally, allowing for developers to scale up to unlock more solar potential.
• The transaction also builds the capacity of energy regulators and the State Bank of Pakistan to create a supportive and practical regulatory and financial framework while also building the capacity of banks who are new to this asset class.

• The project will improve Pakistan’s power sector efficiency by producing clean and green power near the point of usage, thus reducing wastage and line losses associated with the national grid and by stabilising the grid at peak times.
• It will also help to reduce carbon emissions and have a positive impact on mitigating climate change through the provision of clean, sustainable solar power.
• The project will save an estimated 10.2k of CO2 emissions per year.

Shams is committed to continue the provision of training and potential employment opportunities to female engineers as the company grows.