A Memorandum of Understanding (MoU) signed between the Power Information Technology Company (PITC) and Lahore University of Management Sciences (LUMS) aimed to perk up partnership with regard to the development on smart grid technologies for energy sector.
US Consul General Colleen Crenwelge witnessed the signing MoU between PITC and the LUMS. Colleen Crenwelge stated that “Advanced technologies are making electricity more affordable, reliable, and sustainable.”
Adding that “We are proud to work with Pakistan as it builds technological capacity and improves the energy sector, and we hope to see growing private sector participation and investment in this endeavor.”
The ultimate aim of this signing ceremony is to test smart grid technologies and showcase their benefits to distribution and transmission companies. This will provide opportunities for LUMS researchers to exchange information on new developments with the Pakistani government.
Acting LUMS Vice Chancellor Shahid Masud said, “The Smart Grid IT Laboratory will help us achieve the university’s mission of effectively addressing power sector needs and contributing directly to Pakistan’s economic development.”
The signing ceremony was organized by the Sustainable Energy for Pakistan Project, a United States Agency for International Development (USAID) technical assistance initiative to support the Pakistani government’s efforts to deliver financially sustainable energy services.