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Pakistan Council of Renewable Energy Technologies (PCRET) and SME Leasing Limited have agreed to collaborate for the promotion of renewable energy technologies' usage in Pakistan. The decision was made in a meeting held recently at the main office of SME Leasing Limited between PCRET Director General Dr Zafar lqbal Zaidi and SME Leasing Limited's Chief Executive Officer Mrs Arjumand A. Qazi.
In the meeting both parties have agreed 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, specialises in providing financial solutions to SMEs 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. PCRET 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.-PR

Copyright Business Recorder, 2011

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