Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Market lessons from the first half of 2025 — and, stocks that look good going forward

June 30, 2025

MicroStrategy buys more bitcoins worth $500 milion

June 30, 2025

Why Jim Cramer has reservations about Home Depot buying GMS

June 30, 2025
Facebook X (Twitter) Instagram
Monday, June 30
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Renewable energy top of mind for Pakistani exhibitors at Middle East Energy 2025 – Markets
Economist Intelligence

Renewable energy top of mind for Pakistani exhibitors at Middle East Energy 2025 – Markets

adminBy adminApril 11, 2025No Comments5 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 34


DUBAI: Renewable energy solutions were front and centre for a small group of Pakistani exhibitors who were among 1,600 global companies present at Middle East Energy (MME) 2025, held at the Dubai World Trade Centre, where clean mobility and smart technologies were on display.

Energy experts from Pakistan believe renewable and sustainable solutions are the way forward.

“This is the need of the time,” said Babar Shahzad, director of Shahzad Pumps, adding that in many countries, especially in Africa, the energy crisis is at a peak.

Dubai’s inclusion in Global Power City Index a ‘clear signal for Pakistani investors’

That’s where Shahzad Pumps’ solar-powered, submersible pumps come in.

“They use solar power or we can use battery backup,” he said, talking to Business Recorder at the 49th Middle East Energy exhibition, held from April 7 to 9. “The special thing in these pumps is that they do not need any converter or any inverter in between these pumps and solar panels.”

The move to solar panels was inevitable, Shahzad noted, especially with steep and frequent price increases in common energy sources: electricity and gasoline.

“That’s why they are switching towards renewable energy,” he said, talking about his clients in Pakistan, Africa, Middle East, and Iran.

Shahzad Pumps, which has a head office in Faisalabad, has stayed competitive for almost five decades by adapting and changing with the times.

“If we don’t make new technological advancement, don’t introduce new technological items to our local market and to the international market, we could not survive,” he noted.

Trade events like MME provide crucial learning opportunities that help companies advance their research and development.

Creating an impact

“The exposure that this exhibition provides is not just about creating sales,” said Ali Shahzad, Manager Business Development, Fast Cables. “It’s about creating a bigger impact.”

Companies that mean business pay attention to what their clients tell them, he said.

“You are willing to understand the pain points of the audience,” said Ali Shahzad.

Fast Cables, as the name indicates, mainly produces power cables, but has recently stepped into the realm of LED lighting after seeing a gap in the local market.

“There was no local player who could provide good value for money in this particular sector, so we decided to venture into it,” said Ali Shahzad.

“We come up with the solution where we give the same specifications, or the same experience as any mega brand would give you, but at a considerably low price,” he added.

The product was initially launched in Pakistan, where a favourable response encouraged Fast Cables to take their LED products to countries abroad.

Besides client pain points, exposure to a large industry gathering like Dubai’s MME also highlights the gaps companies can face locally.

International competition

A closer look at their competition tells Jawad Khalid, Manager Business Development – Export, PEL, exactly what obstacles at home puts his company in a disadvantageous position.

“We see that other governments provide a lot of rebates on export,” he noted. “Their [business] procedure is very easy, whereas when we compare ourselves with them, we have duties on export, we have our issues with the banking channels. We cannot really bring in dollars without scrutiny.”

Despite all that, much like Fast Cables, PEL is also focusing on expanding its global reach.

“Previously, we were exporting our transformers to the African market and the Middle Eastern market, but now we have also entered the US market,” said Khalid. “We are now frequently exporting our transformers to the US.”

However, international trade turbulence due to tariffs imposed by US president Donald Trump has instilled hesitation in some customers, he said.

“Right now, to be really honest, some of our orders have been put on hold,” noted Khalid. “Unfortunately, like all other companies and all other countries, we are getting hit by that tariff.”

Like the rest of the world, he said, PEL is also curious to see how global trade will evolve in the coming days.

“The duties that are being implemented on China, that’s not a problem, because they are much higher than what has been implemented on Pakistan,” said Khalid.

But some competitors, like Turkey are at a slight advantage despite also facing tariffs.

“Turkey only has a tariff of 10 per cent now, so it will put us at a very disadvantageous position when compared to Turkey,” noted Khalid.

However, PEL, an already well-known Pakistani brand, continues to increase its competitiveness by achieving more international manufacturing standardizations.

“Previously, we were manufacturing transformers on IEC standards, but the USA required IEEE standards,” said Khalid. “Now we are manufacturing as per IEEE standard. In addition to that, there is a requirement of UL (Underwriters Laboratories) certification in the US market, so now we are in the process of getting ourselves approved for that as well.”

Another well-known Pakistani brand, Osaka Batteries, a division of ACM Group of Industries, is also working to strengthen its grip in the renewable energy field by producing lead acid and graphene EV batteries for motor bikes.

E-bikes may not be as much in demand in Pakistan right now, but the UAE is a ripe market, due to the various delivery companies operating in the country.

Osaka was a good fit for this year’s MEE, which also debuted The Battery Show Middle East and The Battery Show Conference, held under the patronage of the UAE Ministry of Energy and Infrastructure at World Trade Centre in Dubai.

Osaka is furthering its sustainability ambitions by venturing into recycling lead in Pakistan while also trying to build a lithium-ion battery plant in Pakistan.

Supported by the UAE Ministry of Energy and Infrastructure, more than 150 energy leaders and experts at MME explored transformative sector innovations, global energy market dynamics, and how AI is helping enable a sustainable, affordable energy future.

Copyright Business Recorder, 2025



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

CCP clears 40.63% share acquisition of Mitchell’s Fruit Farms by CCL Holding – Business & Finance

June 30, 2025
Economist Intelligence

Atlas Honda hikes bike prices in Pakistan following new tax imposition – Markets

June 30, 2025
Economist Intelligence

China to resume some Japanese seafood imports after Fukushima ban – Business & Finance

June 30, 2025
Economist Intelligence

Pakistan’s inflation projected at 3-4% in June: Finance Ministry – Markets

June 30, 2025
Economist Intelligence

Merit Packaging approves major asset sale to Kompass Pakistan – Business & Finance

June 30, 2025
Economist Intelligence

Aurangzeb departs for Spain to attend FFD4 – Markets

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

CCP clears 40.63% share acquisition of Mitchell’s Fruit Farms by CCL Holding – Business & Finance

June 30, 2025

Atlas Honda hikes bike prices in Pakistan following new tax imposition – Markets

June 30, 2025

China to resume some Japanese seafood imports after Fukushima ban – Business & Finance

June 30, 2025

Pakistan’s inflation projected at 3-4% in June: Finance Ministry – Markets

June 30, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Market lessons from the first half of 2025 — and, stocks that look good going forward
  • MicroStrategy buys more bitcoins worth $500 milion
  • Why Jim Cramer has reservations about Home Depot buying GMS
  • Senate races to pass Donald Trump’s flagship tax bill as deadline looms
  • Palladium falls 3% but remains above the $1000 barrier

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Market lessons from the first half of 2025 — and, stocks that look good going forward

June 30, 2025

MicroStrategy buys more bitcoins worth $500 milion

June 30, 2025

Why Jim Cramer has reservations about Home Depot buying GMS

June 30, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.