Pakistani startup Energy and Automation (ENA), a company of Jaffer Business Systems (JBS) recently joined forces with Jolta Battery Private Limited, a sister company of Jolta Electric (Pakistan’s First EV company), to provide solutions to the telecom & banking sector.
The two companies signed an exclusive agreement with a potential of $35million to work on graphene-based Supercapacitors with an innovative power backup storage technology called “ENARGEZE SUPERPOWER”.
The event witnessed the presence of Jolta Group Chairman Muhammad Azim, Jolta Electric CEO Usman Sheikh, Jolta Battery Co-Founder & COO Rehan Aslam, JBS CEO Veqar Ul Islam, ENA’s Chief Executive Amir Salman, and Director Faisal Murad.
“The Supercapacitor is 25 times better than VRLA dry batteries. This new technology is safe to use and minimizes the use of generators. In the bigger picture, this will contribute to a greener Pakistan by reducing carbon footprint and fuel consumption. ”
~ Amir Salman, Chief Executive ENA
ENARGEZE SUPERPOWER seems to be a transformational innovation given the frequent power outages, unreliable transmission infrastructure, and low-efficiency alternatives in our country.
“Jolta Battery is bringing the most advanced technology in Pakistan, which will be significantly helpful to the national exchequer by reducing the import bill of up to $1 billion in three to four years.”
~ Rehan Aslam, Co-Founder & COO Jolta Battery
This initiative by ENA and Jolta Battery will create a pool of employment opportunities and facilitate huge growth. Additionally, it is also a step towards green and clean energy in Pakistan.
