IBA Karachi holds groundbreaking ceremony for solar project

March 25, 2021: Taking a step towards contributing to making the world a greener and healthier place to live, the IBA Karachi held the groundbreaking ceremony of the IBA Solar Project at the Main Campus.

With the aim to play its part in protecting the environment and reduce carbon, the IBA Karachi launched the groundwork of the solar project, which will have an output capacity of 802 kilowatt of renewable energy. The groundbreaking was held with a ribbon cutting ceremony by the Executive Director, IBA Karachi Dr. S Akbar Zaidi and CEO, SOLIS, Farman Ahmed Lodhi. The ceremony was also attended by the Registrar, Dr. Asad Ilyas and representatives from both the organizations.

Mr. Naeemul Haq, Sr. Manager Projects, IBA, gave the audience a brief on the project. The contract of the project has been awarded to SOLIS Energy and will be completed in two phases. The total estimated cost of the first phase is Rs. 75 million and is expected to be completed in a year. The IBA plans to extend the project to the Boys and Girls Hostel in the second phase of the project and hopes to also launch a similar project at the City Campus.

Speaking about the significance of the project, Dr. Zaidi said, "This is one of the many steps that we will need to take, and this is the beginning for that." Addressing the audience, CEO SOLIS said that the project has great potential and stressed that the energy company will deliver as it has promised.