Solar panel prices surge in Pakistan ahead of budget 2026-27
Key takeaways
- The government is considering increasing GST on solar panels from 10 percent to 18 percent.
- The prices of a 585-watt solar panel have reached Rs. 27000 from Rs. 18000, while the price of the 645-watt solar panel has surged to Rs. 31200 from Rs. 22000.
- It is to be remembered that the government is also considering a special scheme for solar energy users in the upcoming fiscal year.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize KARACHI: The solar panel prices in Pakistan have witnessed a sharp rise even before the federal budget 2026-27, while fear of further increase if the government raises the General Sales Tax (GST) on solar equipment.
The government is considering increasing GST on solar panels from 10 percent to 18 percent. According to the market sources, the prices of solar panels have already increased by Rs. 7000 to Rs. 9000 per plate, whereas inverter prices are also expected to surge in the coming days.
The prices of a 585-watt solar panel have reached Rs. 27000 from Rs. 18000, while the price of the 645-watt solar panel has surged to Rs. 31200 from Rs. 22000. Likewise, the price of a 720-watt panel has risen from Rs25,000 to Rs33,500.