Chem-Energy and PBIT (Punjab Board of Investment and Trade) signed a Memorandum of Understanding (MoU) today in Lahore. The MoU aims at PBIT facilitating and advising Chem-Energy on land acquisition and identifying Joint Venture partners for their proposed solar products manufacturing units in Punjab, Pakistan. The projects will bring in much needed FDI as well as lead to import substitution for solar energy products (solar power systems, solar water pumps, etc.)
Chem-Energy is actively involved in Petroleum Refining, Solar Energy (Solar farm, Solar Pump System, Solar Industry, Solar Home System, Solar Battery, Submerged Water Pump), LNG, Wind Power, Bioenergy (Biodiesel, Biomass), Chemicals, Waste Treatment, Equipment Manufacture, Exploration.
Chem-Energy’s CEO, Mr. Shuja Zaidi was present at the occasion and was very optimistic on establishing the proposed manufacturing facilities in Punjab, Pakistan. Mr Jahanzeb Burana, CEO PBIT assured Chem-Energy of full advisory, facilitation and transactional support.