Conergy Agrees to Supply Pakistan’s Largest Solar-Energy Complex

Conergy AG (CGYK), a German solar-panel maker, will plan and supply Pakistan’s biggest solar-power plant as the country seeks to increase access to electricity.

The 50-megawatt project at Bahawalpur in the Cholistan region is owned by DACC Power Generation Co. and the Pakistani government and will supply 30,500 households with electricity, Conergy said today in an e-mailed statement.

Total investment will probably be about $170 million to $190 million, with Conergy’s share at about 60 million euros ($75 million) to 70 million euros, said Antje Stephan, a Conergy spokeswoman.

The government is seeking to spur investment, create jobs and expand access to power in a country where some areas can be without energy for as long as 18 hours a day, Conergy said. The company, working with developer Ensunt Inc., will supply 210,000 modules and 140 inverters, the Hamburg-based manufacturer said.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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