STAFF REPORT IBD: : The Pakistan Council for Renewable Energy Technology (PCRET) in collaboration with Pak Oasis Pvt Ltd. will initiate production of solar panels, which will help in overcoming the prevailing energy crisis in the country.
According to official sources, PCRET will soon initiate large scale production and marketing of renewable energy and electronic products in the country and will ensure optimal utilization of all available resources and promote cost effective indigenous products.
This venture is about working on an indigenous solution to promote Pakistani products and will require the technical skills of young engineers, an official said, adding thus creating massive job openings in all areas on an equal opportunity platform.
In this regard, PCRET, STEDEC Technology Commercialisation Corporation of Pakistan, Ministry of Science and Technology MoST, National Institute of Electronic, Telecom Industry of Pakistan and Ministry of IT have recently signed an MoU to design, develop, large scale production and marketing of renewable energy and electronic products.
“I feel in todays time, energy self-sufficiency is exceedingly important for industrial development in any nation. Pakistan is a sun-friendly country and the 6th luckiest in the world where sun-availability is up to 16 hours on average,” said DG PCRET Khalid Islam.
Under the MoU, NIE and PCRET will design, develop and produce prototype of demand-driven products and pass on the complete technical know-how to TIP, while STEDEC will Undertake all financial and commercial aspects on behalf of PCRET and NIE.