1. Technology overview
Shams Power is a solar energy developer founded in 2015 in Lahore, Pakistan, as a joint venture between PITCO and Orient Operating Company, created to help commercial and industrial businesses adopt solar power without the capital burden of owning a generation asset.
The company designs, builds and operates rooftop and ground-mount solar plants under a Build-Own-Operate-Transfer model, financing and maintaining each system while the client pays for the electricity consumed under a long-term power purchase agreement. Its portfolio covers over 35 MW of installed capacity across more than 30 projects, serving industrial, food and beverage, retail and construction clients, including Pakistan’s first project certified under the International REC Standard.
2. Highlighted features & specifications
1. BOOT financing: builds and owns the solar plant so clients avoid upfront capital expenditure.
2. Long-term PPA: clients pay only for electricity consumed under a fixed-tenor power purchase agreement.
3. Full lifecycle service: covers design, installation, operation and maintenance of each plant.
4. Regulatory licensing: holds a NEPRA distribution license enabling compliant on-site power sales.
5. Carbon certification: registered Pakistan's first International REC Standard project.
6. Multi-sector portfolio: deployed across industrial, food and beverage, retail and construction clients.
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