Deals Worth Over Rs. 2.5 Billion Concluded at ISEM & IREM Exhibition in Expo Centre Lahore

Business Pakistan

The second International Solar Energy Meet (ISEM) Expo and IEEEP IREM Expo, Pakistan’s esteemed exhibition on solar energy, electronics, and electrical solutions, concluded with deals worth over Rs. 2.5 billion. The event, held at Expo Centre Lahore, saw an impressive turnout of more than 12,000 visitors. The primary objective was to foster a meaningful discussion on renewable energy options and provide an exclusive platform for industry players to collaborate and strategize ways to address the prevailing energy crisis in the country.

In collaboration with the Institution of Electrical and Electronics Engineers Pakistan (IEEEP), White Paper Summits organized a conference during the expo. The conference featured renowned national and international experts who shared their insights, case studies, and technical presentations on tackling the challenges faced by Pakistan’s power and renewable energy sectors.

The exhibition brought together 150 national and international companies, manufacturers, and distributors, all showcasing their solar and alternative energy products to benefit end-users. Notably, both local and international experts from the energy and power sectors, specializing in renewable energy and solar power generation, participated in the event.

Pakistan’s current energy mix heavily relies on imported fossil fuels, which constitute 60% of the country’s energy sources. This reliance leads to significant international payments in foreign currency, further burdening the national reserves. Additionally, the devaluation of the local currency exacerbates the situation for the government.

Despite the abundance of resources and options available for harnessing clean energy, Pakistan’s energy mix only includes a mere 5 to 6% of solar or green energy. Experts emphasize the need for a long-term approach to overcome the ongoing energy crisis and ensure a secure and sustainable future for generations to come.

During the event’s inauguration, Khurram Dastgir Khan, the Federal Minister for Energy, highlighted the government’s commitment to renewable energy and efforts to reduce the country’s carbon footprint. He stated that the government is actively promoting clean and green energy solutions, which will ultimately reduce the cost of power for consumers. Additionally, he announced the government’s plans to launch a solar panel manufacturing project within the country.

The IEEEP IREM Expo focused on a wide range of topics, including power transformers, technology, capacitors, batteries, cables, power distribution equipment, wind energy, hydropower, bioenergy, biogas, biofuel, hydrogen, geothermal energy, and solar energy.

The conference hosted interactive Q&A sessions, networking programs, and business-to-business opportunities, facilitating the exchange of valuable industry knowledge and actionable insights. The event ha organized by White Paper Summits, a prominent business event organizer in the Middle East, with its headquarters in Muscat, Sultanate of Oman. They have also established a regional office in Karachi, Pakistan.

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