Business
Chinese company to set up solar panels plant in Punjab
This will be the first ever solar power manufacturing plant in country
![Chinese company to set up solar panels plant in Punjab](/media/114498/conversions/Solar-Panel-1280x720.webp)
Lahore: An agreement was signed between the Punjab government and Chinese solar energy company AIKO to set up the first solar panels manufacturing plant in Punjab.
According to the agreement, the Chinese company will set up a solar panels manufacturing and assembling plant in Punjab.
Minister of Industries and Commerce Chaudhry Shafay Hussain and President of South Pacific Region of Chinese Company Alex Hang signed the agreement in a ceremony held at a local hotel.
CEO Centurain Energy company Faisal Javed, Officials of Chinese company and investors participated in large numbers.
Minister of Industry and Commerce Chaudhry Shafay Hussain while addressing the event said that the Chinese company AIKO will set up the first solar panels manufacturing factory in Punjab, which will make solar panels in Punjab and will supply these panels in the local market and export as well.
He said that India is producing solar panels and is also exporting solar panels worth a billion dollars every year.
-
Technology 2 days ago
Internet services, social media apps slow in Pakistan
-
World 2 days ago
Bus accident: Nine killed, 26 injured in Turkey
-
Sports 2 days ago
Javelin Final: Arshad Nadeem sets new Olympic record with 92.97-meter throw
-
Sports 2 days ago
Arshad Nadeem secures historic gold for Pakistan in Paris Olympics, ends 40-year wait
-
Pakistan 2 days ago
Public holiday on Aug 14 across country
-
World 1 day ago
Bangladesh CJ to resign following students protest
-
Pakistan 1 day ago
Justice Abid Aziz swears-in as Acting CJ of LHC
-
Pakistan 2 days ago
NA passes resolution to confer civil award on Arshad