Alfalah Investments has signed an MoU with Biowaste Energy Ventures Ltd (BEVL) at the USAID Investment Roadshow 2.0
This MoU marks a significant step towards the establishment of a private investment structure dedicated to BEVL’s Bio-methane project in Karachi. This project aims to produce bio-methane from renewable sources like bio-waste, effectively addressing Pakistan’s critical gas and energy shortages.
Bio-methane, produced from bio-waste, is a clean and renewable source of energy that can significantly reduce greenhouse gas emissions and dependency on fossil fuels. By venturing into the renewable energy sector, we are now offering ESG-compliant green investment opportunities, aimed towards building a greener Pakistan. Beyond generating renewable energy, this venture also advocates for the adoption of sustainable energy solutions, contributing to ecosystem restoration efforts.
With this initiative we not only kick-start our Private Equity Offerings but also reiterate our position as a responsible and progressive entity, committed to sustainable development and innovative investment solutions. We are excited and proud to be spearheading projects that are not only financially rewarding but also imperative for Pakistan’s sustainable future.
