• About Us
  • Contact Us
  • Cookies Policy
  • Terms of Use
  • Affiliate Disclosure
Sunday, October 11, 2026
  • Login
Imroze Pakistan
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog
No Result
View All Result
Imroze Pakistan
No Result
View All Result

Renewable Energy Stakeholders Urge Pakistan to Cut Taxes on Lithium Battery Cells

May 15, 2026
0

Karachi: Stakeholders in Pakistan’s renewable energy sector have called on the Engineering Development Board (EDB) to significantly reduce taxes and duties on lithium battery cells in order to promote domestic manufacturing and accelerate the country’s transition toward green energy.

Chairman of the Pakistan Renewable Energy Development Forum (PREDF), Irfan Allahawala, said the government should encourage import substitution by creating a level playing field and offering an investor-friendly environment for companies interested in assembling and manufacturing lithium batteries locally.

In a letter sent to the Engineering Development Board, he stated that lithium battery cells currently face taxes and duties of nearly 50 percent, making local battery assembly commercially unviable and discouraging investment in the sector.

According to the letter, elevated taxes have kept battery prices high in local markets, slowing Pakistan’s transition from expensive conventional electricity sources to cleaner and more sustainable energy solutions.

The forum proposed expanding the use of renewable energy sources such as solar and wind power across households, factories, offices, buses, cars, motorcycles, and other sectors to reduce reliance on imported petroleum products and LNG. It also urged the government to rationalize taxes and introduce policies that attract investment into the renewable energy industry.

Industry representatives argued that affordable lithium batteries could significantly reduce dependence on fuel-powered transport, lower Pakistan’s import bill, and encourage local manufacturing along with technology transfer.

The letter highlighted that Pakistan imported around 26,000 megawatts worth of solar panels between 2022 and 2024, all of which require battery storage systems. It added that lithium-ion battery imports reached 1.25 GWh in 2024 and are expected to rise to between 2.5 and 3 GWh in 2025.

Stakeholders believe that reducing the cost of lithium batteries would not only support renewable energy adoption but also help ease inflationary pressure linked to high energy costs while attracting greater investment into Pakistan’s clean energy market.

Previous Post

Algeria Unveils Major Investment Reforms to Cut Bureaucracy and Boost Economic Growth

Next Post

From Local Sets to Global Standards: Saad Izhar Redefines Pakistan’s Advertising Production Approach

Related Posts

Students collecting litter and discarded seashells during a beach cleanup drive at Seaview, Karachi.
CITY NEWS

CRS Associates and CBC Karachi Organize Seaview Beach Cleanup Drive

October 10, 2026
Archbishop Dr Azad Marshall and Christian leaders discuss the proposed Sindh Christian Family Laws Bill in Karachi.
CITY NEWS

Church of Pakistan Seeks Review of Sindh Christian Family Laws Bill 2026

October 10, 2026
Pakistan security forces conduct a counterterrorism operation in North Waziristan
CITY NEWS

Five Militants Killed in North Waziristan Operation: Security Sources

October 6, 2026
Prime Minister Shehbaz Sharif at China 77th anniversary reception at Islamabad Marriott Hotel
CITY NEWS

Islamabad Marriott Hosts Reception Marking China’s 77th Anniversary

October 3, 2026
Iranian officials address US-Iran tensions and negotiations over the Strait of Hormuz
CITY NEWS

Iran Warns of Retaliation as US-Iran Talks Continue Over Hormuz

September 29, 2026
Consultation on Sindh Christian Family Laws Bill 2026 at Sindh High Court Karachi
CITY NEWS

Third Consultation Held on Sindh Christian Family Laws Bill 2026

September 29, 2026
Next Post
From Local Sets to Global Standards: Saad Izhar Redefines Pakistan’s Advertising Production Approach

From Local Sets to Global Standards: Saad Izhar Redefines Pakistan’s Advertising Production Approach

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Representatives of Karachi trade bodies and industrial associations attend a high-level meeting on the city’s civic and economic crisis.

Karachi’s Business Community Demands Urgent Action to Address Civic and Economic Crisis

October 10, 2026
Students collecting litter and discarded seashells during a beach cleanup drive at Seaview, Karachi.

CRS Associates and CBC Karachi Organize Seaview Beach Cleanup Drive

October 10, 2026
Archbishop Dr Azad Marshall and Christian leaders discuss the proposed Sindh Christian Family Laws Bill in Karachi.

Church of Pakistan Seeks Review of Sindh Christian Family Laws Bill 2026

October 10, 2026
itel Energy solar battery storage systems and hybrid inverters displayed at the Solar Pakistan Expo in Karachi.

itel Energy Unveils Advanced Solar Storage Solutions at Solar Pakistan Expo

October 10, 2026
Burns Road in Karachi, the historic food street proposed for pedestrian-friendly redevelopment.

Karachi’s Burns Road Set for Pedestrian-Friendly Redevelopment

October 10, 2026

Imroze Pakistan is your trusted digital news platform, delivering timely and credible updates from across Pakistan and around the globe. From breaking headlines to insightful features on politics, economy, society, and international affairs — we aim to inform, engage, and empower our readers with facts that matter.

Gallery

British-Pakistani Shatters A-Level Records with 6 World Titles
British-Pakistani Shatters A-Level Records with 6 World Titles
inDrive Wins Gold at Dragons of Pakistan Awards, Secures Spot in Dragons of Asia Competition
inDrive Wins Gold at Dragons of Pakistan Awards, Secures Spot in Dragons of Asia Competition
Sindh CM Marks Independence Day at KCCI, Announces Major Water Projects
Sindh CM Marks Independence Day at KCCI, Announces Major Water Projects

Popular Post

PM Shehbaz Sharif Unite for a Powerful Partnership: Pakistan and Turkey’s Future Plans Revealed!

PM Shehbaz Sharif Unite for a Powerful Partnership: Pakistan and Turkey’s Future Plans Revealed!

August 3, 2023
“Strategic Synergy: Faraz-ur-Rehman Advocates Industry-Education Collaboration for National Growth”

“Strategic Synergy: Faraz-ur-Rehman Advocates Industry-Education Collaboration for National Growth”

October 27, 2023
UN chief calls for ‘immediate’ ceasefire in Gaza

UN chief calls for ‘immediate’ ceasefire in Gaza

January 16, 2024
  • About Us
  • Contact Us
  • Cookies Policy
  • Terms of Use
  • Affiliate Disclosure

© 2026 Imroze Pakistan - All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National
  • International
  • Business
  • Sports
  • Entertainment
  • Blog

© 2026 Imroze Pakistan - All Rights Reserved