Pakistan, April 30 -- Once seen as a beacon of hope for a sustainable future, Pakistan's renewable energy journey now stands at a perilous crossroads. The recent amendments proposed to the country's net-metering policy have raised alarm among solar industry, environmentalists, and energy experts. The proposed amendments reduce financial incentives for On-Grid solar installation, particularly affecting residential and small-scale solar projects. While the government cites the need to address revenue disparities, this approach fails to address the power sector's fundamental challenges.

Pakistan's net-metering policy, first introduced in 2015, has played a pivotal role in advancing solar adoption. It allowed consumers to install rooftop sol...