Lahore: The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has commissioned the National Engineering Services Pakistan (NESPAK) to conduct a fresh technical and financial feasibility study of the Route 47 Solarisation Project.
The reassessment follows changes by the National Electric Power Regulatory Authority (NEPRA) to the electricity compensation mechanism, which shifted from net metering to net billing. According to CBD Punjab, the policy change has affected the project’s original financial assumptions, requiring an updated feasibility and investment model.
The project was initially estimated to cost around PKR 135 million. The new study will assess the revised implementation cost, return on investment, operational benefits and long-term financial viability under the net billing regime.
The review will also examine alternative implementation strategies to ensure the project remains economically viable and aligned with CBD Punjab’s goals for sustainable and climate-resilient urban infrastructure.
After the feasibility study is completed, CBD Punjab will proceed according to NESPAK’s recommendations and initiate a fresh procurement process based on the revised project parameters.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
