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Pakistan's Nuclear Energy Contribution Soars

10 October, 2024
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    Pakistan has been making significant strides in various sectors. This is reflected in the growth and resilience of the economy as it expands year-on-year. The projections of this country have never looked better than they do now. 

     

    This progress aligns perfectly with the vision of One Homes, a company dedicated to redefining luxury living in Pakistan. One Homes recognises the immense potential of the country and is committed to creating exceptional living experiences so that overseas Pakistanis can be a part of the growing country. 

     

    One of the most notable developments currently is the increasing contribution of nuclear energy to the national grid. Pakistan is making significant investments in other renewable energy sources. The government's plans for a substantial increase in wind and solar energy capacity by 2031 demonstrate its commitment to a diversified and sustainable energy future.

     

    According to the World Nuclear Industry Status Report (WNISR) 2024, nuclear energy’s contribution towards the grid rose to 17.4pc in 2023, a significant growth from the previous year. 

     

    The report mentioned that Pakistan currently houses six nuclear reactors, having a combined capacity of 3.3 gigawatts (GW). We are the only country where Chinese companies have invested significantly in building this sector on a large scale. Additionally, further expansion is expected for both wind and solar energy by the end of the decade. Pakistan is planning to increase capacity of nuclear energy by 13.4 GW (including 8.6 GW of solar) by 2031.

     

    This marks a pivotal moment for Pakistan's reliance on fossil fuels and its export bill. The growing renewable energy capacity will not only help drive the economy toward prosperity but also set the country on a path toward sustainability.

     

    This progress in the energy sector aligns perfectly with the vision of One Homes, a company dedicated to Pakistan’s growth. We are aware of the growth this country is experiencing, offering you the opportunity to be part of its growth journey as an overseas Pakistani. 

     

    By developing self-contained communities in major cities like Lahore or Islamabad, One Homes aims to provide overseas Pakistanis with a lifestyle that combines modern amenities with convenience and comfort.

     

    With the growing economy and the increasing contribution of nuclear energy, Pakistan is poised for a bright future. One Homes is proud to be a part of this exciting journey, offering luxurious and sustainable living options that cater to the evolving needs of the Pakistani people.

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