Accord to promote renewable energy technologies

Karachi: Pakistan Council of Renewable Energy Technologies (PCRET) and SME Leasing Limited have agreed to collaborate for promotion of renewable energy technologies in Pakistan.

The decision was made in a meeting recently, at the main office of SME Leasing Limited between Director General PCRET – Dr. Zafar Iqbal Zaidi and Chief Executive Officer – SME Leasing Limited, Mrs. Arjumand A. Qazi, wherein both the parties have agreed to collaborate to promote the use of renewable energy technologies for addressing the energy problems in Pakistan with specific focus on small and medium enterprises.

PCRET will be assisting in the technical aspects of the projects, whereas SME Leasing Limited will be catering to the financial needs of the feasible projects. SME Leasing Limited, a subsidiary of SME Bank Limited, specializes in providing financial solutions to small and medium enterprises in Pakistan.

The company has been a pioneer in the field and has assisted in establishing several SMEs from the start to bringing them to a sizeable and bankable entity.

Pakistan Council of Renewable Energy Technologies is committed to research, develop, promote, disseminate, impart training, provide energy services to the people living in remote areas, and create Renewable Energy culture in the country.

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