HEC Press Release dated April 17, 2012
Ali Raza Randhawa, a final year student of BS Electrical Engineering at the University of Engineering and Technology, Lahore snatched a win for Pakistan during the Elevator Pitch Contest held in Abu Dhabi.
The event was held at Abu Dhabi Women’s College, Khalifah Campus. Over 70 shortlisted semi-finalist teams, out of 4500, pitched their idea 20 times to 20 CEOs/Presidents/Directors/Saudi Khalifahs who were representing different companies at a two-day entrepreneurship workshop.
The event was jointly organized by GIST (CRDF Global) and MIT Enterprise Forum Pan Arab Region. Sheikha Lubna Al-Qassimi, Minister of Foreign Trade for UAE and Sheikh Nahayan Mabarak Al Nahayan, Minister of Higher Education and Scientific Research were chief guests on the occasion. Ken Morse, Founding Managing Director, MIT Entrepreneurship Centre trained the young entrepreneurs around the world during the workshop.
PAK-Energy Solution, founded by Randhawa, is committed to become pioneer of green revolution in Pakistan by providing cost-effective energy solutions to the masses.
“The farmers cannot afford high prices of chemical fertilizers whereas use of these chemicals is the prime cause of damage to the quality of food in Pakistan. To cater this problem, Pak-Energy Solution is introducing an affordable biogas plant,” says Randhawa.
Team Pak-Energy Solution impressed the judges of the event with their idea who were particularly enthusiastic since this technology could actually solve energy crisis of Pakistan to a large extent. Another huge factor is the large target market which they can cater.=/
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