Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Hunger Games Sunrise on the Reaping trailer
    EntertainmentVideos

    Hunger Games Prequel Trailer Sparks Fan Frenzy Over 10-Second Silent Cliffhanger

    November 21, 2025 3 Min Read
    Billie Eilish Elon Musk
    EntertainmentVideos

    Billie Eilish Criticizes Elon Musk, Calls Billionaire Wealth “Pathetic”

    November 14, 2025 3 Min Read
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: IFC launches lighting programme
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Business > IFC launches lighting programme
Business

IFC launches lighting programme

Web Desk
By Web Desk Published May 15, 2015 4 Min Read
Share
SHARE

Islamabad: The International Finance Corporation (IFC) on Thursday launched the ‘Lighting Pakistan’ programme to help the government provide safe, affordable, high-quality lighting to more than a million Pakistanis.

The programme, supported by UKAID and Australia AID, comes under Lighting Global — a joint effort of IFC and the World Bank under the ‘Sustainable Energy for All’ initiative, and also a part of IFC’s wider strategy to reduce greenhouse emissions and boost clean energy projects.

IFC, a member of the World Bank Group, has established a series of quality standards for modern, off-grid lighting products. Lighting Pakistan works directly with lighting manufacturers and distributors, supporting solar-powered products that meet these standards by connecting potential partners, including microfinance institutions, and investing in consumer education to raise awareness about solar technology.

The ‘Pakistan Off-Grid Lighting Consumer Perceptions’ study, released at the launch, underscores the power challenge facing Pakistan. Based on interviews with over 6,000 Pakistani households, the report finds that nearly 145m people are severely impacted by the country’s energy crisis. According to Lighting


A study reveals Pakistanis spend $2.2bn annually on off-grid lighting


Pakistan’s Programme Manager Liam Grealish said: “The report shows that many Pakistani households rely on an expensive and low-quality mix of battery powered torches, kerosene, and candles that do not meet their lighting needs and burns a hole in their pockets.”

The programme would help raise awareness amongst these households about alternatives, including quality solar-powered lighting products, he said.

Speaking at the launch, Finance Minister Ishaq Dar said, “Controlling Pakistan’s energy crisis is the top priority of the government and IFC’s programme will ease the burden on the national grid and help millions of people access lighting.”

The study reveals that $2.2 billion is spent every year on off-grid lighting products by Pakistani households. “This is a very large sum of money. It means an average household spent Rs850 per month on traditional lighting sources,” he said.

Dar said that major initiatives now under way in terms of power generation, transmission system upgrades, LNG, diversified fuel-based projects as well as alternative and renewable energy projects would transform the landscape of the power sector within the next three years. This should add one to 1.5 percentage points to the country’s GDP growth rate, he remarked.

The finance minister explained that an investment of more than $1bn had been made alone in the wind energy sector in the last couple of years. Five wind power projects with a cumulative capacity of 255.4MW were operational at the moment and another eight wind power projects having a cumulative capacity of 429MW were under construction. Two bagasse based projects with a cumulative capacity of 52MW were also operational, he said.

Earlier, IFC Country Manager Nadeem Siddiqui said that ‘Lighting Pakistan’, which aims to reach 1.5m people, is part of IFC’s strategy of promoting inclusive electrification in Pakistan, and “is an important part of our broader approach of targeted interventions in the power sector”.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

WhatsApp confetti emoji

WhatsApp Confetti Emoji Reactions Return for Holidays

Chelsea vs Barcelona Champions League 2025

Estevao Leads Chelsea to 3-0 Champions League Win Over Barcelona

Air India, Akasa Air Cancel Flights After Ethiopian Volcano Eruption

Air India, Akasa Cancel Flights Due to Ethiopia Volcanic Ash

Post Archives

More Popular from Photonews

Hailey Bieber birthday
Entertainment

Hailey Bieber Silently Responds to Justin Bieber Rumors with Subtle Instagram Post

3 Min Read
UK asylum reforms
Blog

UK Fast-Track Residency for High Earners: New Visa Rules

3 Min Read
Dancing With the Stars Season 34 finale
Entertainment

Dancing With the Stars Season 34 Finale: Finalists, How to Watch Live

3 Min Read
Top NewsWorld

Zelensky Thanks Trump as Ukraine Peace Talks Continue

Ukrainian President Volodymyr Zelensky publicly thanked Donald Trump on Sunday. This gesture followed critical comments from…

November 24, 2025
Entertainment

 Kanye West’s “Life” Remark in Street Interview Sparks Concern Among Fans

A brief, unexpectedly introspective moment from a street-style interview with Kanye West has resonated across social…

November 22, 2025
Offbeat

Australian Senator Pauline Hanson Sparks Outrage by Wearing Burqa in Parliament

Australian far-right politician Pauline Hanson has caused a major controversy in the country's parliament. The One…

November 25, 2025
Pakistan

Cabinet Approves Key Board Appointments for Major State-Owned Enterprises

The Cabinet Committee on State-Owned Enterprises (CCoSOEs) on Monday approved a series of high-level board appointments…

November 25, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?