Latest news with #EnergyProgress&InnovationChallenge
Business Recorder
a day ago
- Business
- Business Recorder
KE concludes EPIC 2025
KARACHI: Committed to promoting localisation and innovation in the energy sector, K-Electric (KE) on Wednesday concluded the Grand Finale of the Energy Progress & Innovation Challenge (EPIC) 2025. After a rigorous screening and pitching process, the top three projects were selected out of 10 and were awarded Rs 1.5 million, Rs 1 million, and Rs 750,000, respectively. The first prize was awarded to a team from NUST for their innovative tamper-proof PMT-based load shedding solution. The team was led by Abdul Hadi and Syed Abdul Haseeb Ali, while the second position was secured by Government College University Faisalabad's team led by Dr Abdul Rauf Bhatti and Tallataf Rasheed for their automation of demand forecasting using artificial neural networks. The third place went to NED University's team comprising of Shariq Shaikh, Sohaibuddin, M. Waleed, Mubashir Ali, for developing an optimised AI model for accurate electricity demand forecasting. Copyright Business Recorder, 2025
Business Recorder
01-05-2025
- Business
- Business Recorder
The energy challenge
The launch of the Energy Progress & Innovation Challenge (EPIC) is a step in the right direction for Pakistan's power sector. By inviting academia, entrepreneurs, and young thinkers to address critical issues such as energy theft, demand forecasting, and grid reliability, EPIC demonstrates a clear intent to localise solutions and drive technological advancement. What makes this initiative stand out is its alignment with regulatory goals and pressing customer concerns. Coupled with mentorship, financial support, and implementation opportunities, EPIC is more than a competition—it's a catalyst for sector-wide transformation. If Pakistan's energy landscape is to evolve sustainably, such collaborative efforts must be encouraged and expanded. Mahnoor Zahid (Lahore) Copyright Business Recorder, 2025
