Renewable Energy Solutions Offered

Khushhali Microfinance Bank Limited has signed a memorandum of understanding (MoU) with Allied Solar (official d.light partner in Pakistan) to address Pakistan's energy consumption needs.

KARACHI, (UrduPoint / Pakistan Point News - 30th Jul, 2018 ) :Khushhali Microfinance Bank Limited has signed a memorandum of understanding (MoU) with Allied Solar (official d.light partner in Pakistan) to address Pakistan's energy consumption needs.

KMBL will now offer solar home systems and solar lighting solutions on easy installments to its customers, said a statement here on Monday.

About the agreement, KMBL President Ghalib Nishtar said, "Khushhali Microfinance Bank and Allied Solar (official d.light partner in Pakistan) will work together to address the energy issues of the masses living in far-flung areas. This move will also positively impact their livelihoods.

He said that solar energy is a renewable energy source and exploring such alternative energy sources is an important priority for the country.

Due to energy crisis in the country, this strategic alliance envisaged to promote the use of renewable energy by facilitating the bank's customers in accessing world class renewable energy products on easy financing services.

KMBL and Allied Solar would also initiate a social awareness campaign to educate the users about the benefits of shifting to renewable energy sources.

Initially, this service would be launched at Gilgit, Hunza, Ghizer,Lodhran and Sukkur.