LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal and provincial governments to introduce a special financing scheme at just 3% markup for the purchase of solar batteries, saying the initiative would strengthen industrial competitiveness, improve energy security, and accelerate Pakistan’s transition to clean energy.
Addressing a press conference, FPCCI Regional Chairman and Vice President Zaki Ejaz said the promotion of solar energy has become indispensable for Pakistan’s industrial growth, export expansion, energy security, and long-term economic stability.
He emphasized that providing industries with affordable, reliable, and environmentally friendly electricity is now one of the country’s most pressing economic priorities, enabling manufacturers to reduce production costs and compete more effectively in international markets.
Zaki Ejaz announced that the Pakistan Solar Association will organize the Solar & Storage Expo 2026 from July 10 to 12, 2026, at the Lahore Expo Centre. The three-day exhibition will span three exhibition halls and feature participation from more than 70 international and over 70 local brands.
The expo will showcase the latest advancements in solar technology, energy storage solutions, and renewable energy products and services, providing a platform for industry stakeholders, investors, and technology providers to explore new business opportunities and partnerships.
The FPCCI leader also called on policymakers to launch a low-cost financing facility for solar battery purchases at a concessional 3% interest rate, particularly to support industries in Punjab. He said access to affordable energy storage would help businesses lower electricity costs, enhance productivity, and improve their competitiveness in global markets.
Zaki Ejaz also thanked Shehbaz Sharif for the government’s decision not to impose additional taxes on solar panels, batteries, and inverters, describing the move as a welcome relief for industry, businesses, and consumers. However, he urged the government to take further practical measures to promote green energy adoption and accelerate Pakistan’s clean energy transition.
