Islamabad: Solar energy experts and stakeholders have asked the Pakistan government to increase support and incentives such as tax reductions and subsidies to promote local production and pave the way for a renewable energy future.
Sharing their concerns at a gathering hosted by the Engineering Development Board (EDB), the field experts said that the local producers are facing heavy taxes on components and raw materials making their products more costly and less attractive, and unaffordable to customers.
During an interaction with the Federal Minister for Industries and Production Makhdoom Syed Murtaza Mahmood, the energy investors and manufacturers also asked the government to devise a long-term and sustained solar policy with a stable and effective system in place.
The minister assured investors and experts that the…