Karandaaz Stories

Joanna Reid, Head of DFID Pak on SEED Programme

A UK commitment to provide financing for renewable energy and energy efficiency to Pakistan’s industrial Small and Medium Enterprises (SME) sector has been signed by the Department for International Development (DFID). As part of DFID’s Sustainable Energy and Economic Development (SEED) programme, Karandaaz will invest over £15 million to promote renewable energy generation and efficiency measures in Pakistani businesses. The agreement was signed between Joanna Reid, Head of DFID Pakistan and Ali Sarfraz, CEO Karandaaz Pakistan. Karandaaz Board of Director’s Chairperson, Dr Shamshad Akhtar was also present at the occasion.