30 Aug '14, 12am

Pakistan solar industry faces 'total collapse' if shock solar tax continues | #NoraTaxOnSolarPower

Pakistan's alternative energy board is trying to repeal the tax after the government failed to consult them on implementing a 30% import tax for solar products. A Pakistan PV wholesaler has told PV Tech the country’s nascent solar industry could face “total collapse” unless a tax on imported solar equipment is lifted. Last week it emerged that the imposition of a 30% tax had led to an estimated 70 containers of solar panels becoming stranded at the port of Karachi, Pakistan, with estimates that up to 50MW will be stranded by the end of July. Talking to PV Tech, Usman Ahmad, director at Karachi-based solar system wholesaler, Nizam Energy, said the tax was “a very shocking and unexpected decision from the government” that was “bringing the entire local industry to a standstill”. Ahmad said that last year solar imports into Pakistan totalled 300MW and were expected to “increa...

Full article: http://www.pv-tech.org/news/pakistan_solar_industry_faces...

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