Staff Reporter
BOLTS (Private) Limited has partnered with the National University of Sciences & Technology, Islamabad to develop a state-of-the-art Transformer Health Monitoring System (THMS).
Rear Admiral (Retd) Dr. Nassar Ikram, Pro Rector (RIC) NUST and Mr. Usama Qureshi, Chairman BOLTS (Private) Limited signed the agreement in Islamabad on 9th December 2019, in the presence of H.E Imran Khan, the Prime Minister of Pakistan, Chief of Army Staff Gen. Qamar Javed Bajwa, Mr. Fawwad Chaudhry, Minister for Science & Technology, and other high level dignitaries, at the inauguration of Pakistan’s first National Science & Technology Park established in NUST Islamabad Campus.
As per the agreement NUST shall license its intellectual property to BOLTS which has been developed by local academia for commercialization and further development of technology.
On this occasion Usama Qureshi remarked “ this is a new beginning and a great development for power sector in Pakistan. It is a matter of great pride for Pakistan that our universities have the capacity to develop high end technology locally, we are very excited to work with NUST on this project. We believe that this technology can prove to be a game changer in maintenance of distribution transformers (PMT).
