menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

Powering P...
source image

TechJuice

1M

read

4

img
dot

Image Credit: TechJuice

Powering Progress Through Localization: K-Electric’s EPIC 2025 Empowers Startups to Solve Pakistan’s Energy Challenges

  • K-Electric concluded Energy Progress & Innovation Challenge (EPIC) 2025 promoting localisation and innovation.
  • Over 250 applications received; 10 teams shortlisted for solutions like AI-driven demand forecasting.
  • Cash awards of PKR 1.5 million, PKR 1 million, and PKR 750,000 awarded to top three teams.
  • Jury panel included industry and academia representatives; teams evaluated on various criteria.
  • First prize (PKR 1.5 million) awarded to NUST team for PMT-based load shedding solution.
  • Second prize (PKR 1 million) given to GCUF team for electricity demand forecasting with AI.
  • Third prize (PKR 750,000) awarded to NEDUET team for AI-based demand forecasting models.
  • Winning teams to proceed to mentoring phase with K-Electric and partners for concept refinement.
  • KE aims to foster sustainable solutions for Pakistan's energy challenges through EPIC 2025.
  • Initiative provides platform for innovators to collaborate, enhance ideas, and explore real-world applications.
  • Empowering startups to offer solutions for energy challenges in Pakistan.
  • Supporting local talent and fostering innovation in the energy sector.
  • KE may consider further development or pilot deployment of winning solutions.
  • Promoting localization and innovation in Pakistan's energy sector.
  • Providing practical platform for innovators to collaborate with industry experts.
  • Programme aims to unlock pathways to scale and address energy challenges in Pakistan.

Read Full Article

like

Like

For uninterrupted reading, download the app