Prices of Solar Panels and Batteries Decline in Pakistan

KARACHI (RNN TV) — Amid the ongoing summer season, Pakistan has witnessed a notable decline in the prices of solar panels, batteries, and UPS systems, making alternative energy solutions more affordable for consumers.

According to reports, the price of lithium batteries has dropped by up to Rs20,000, while tubular batteries have seen a reduction of up to Rs15,000. The cost of solar panels has also fallen, with current rates in April reaching Rs28 per watt—lower than the prices recorded last month.

Experts attribute this downward trend to increased imports and supportive government policies. Additionally, plans are in motion to establish local manufacturing plants for solar inverters and related equipment, which is expected to further drive down prices and boost the local renewable energy industry.

Meanwhile, the federal government has announced that fuel prices will remain unchanged for the next two weeks. Instead of passing on the benefit of declining global fuel prices to consumers, the government has decided to channel the savings into infrastructure development.

During a recent cabinet meeting in Islamabad, Prime Minister Shehbaz Sharif stated that the saved funds would be used to address key national challenges, with a particular focus on upgrading Balochistan’s N-25 highway. The road, which connects Chaman, Quetta, Kalat, Khuzdar, and Karachi, is set to be transformed into a dual carriageway meeting motorway standards.

As per the latest announcement, petrol will remain at Rs254.63 per litre, and high-speed diesel at Rs258.64 per litre.

Source: Web Desk