ISLAMABAD- Prime Minister Nawaz Sharif has allowed private sector to import duty free solar panels to promote alternate energy resources.

The Prime Minister gave the approval on the recommendations of the Committee on Alternate Energy Resources headed by Finance Minister Ishaq Dar. The Federal Board of Revenue has issued necessary instructions to relevant Customs Departments in this regard.

The Alternate Energy Board was of the view that the local manufacturing is limited and lacks the required international certification and standards.  It also recommended waving off import duty on solar panels.

Solar Power Plants would help reduce extraordinary load on existing supply of power and reduction in load shedding.