QTECH Signs Deal with China’s Great Power for Lithium Battery Assembly in Pakistan

By Bilal Ahmed  |  Business Desk  |  October 14, 2026  |  Updated: October 14, 2026

Quantum Data Technologies Limited (PSX: QTECH) has signed a Strategic Cooperation and Market Development Framework Agreement with China’s Guangzhou Great Power Energy & Technology Co., Ltd. to introduce lithium-based battery energy storage systems in Pakistan and progressively undertake their local assembly. The listed company disclosed the development to the Pakistan Stock Exchange on Wednesday, October 14, 2026.

If you have been watching Pakistan’s energy space this year, you know why this matters. Rooftop solar has exploded, data centres are mushrooming, and affordable local battery storage — the missing piece of the puzzle — may finally be taking shape.

What the Agreement Actually Covers

Framework agreements are often vague, but this one is specific about the product range: home and commercial battery packs at the small end, industrial and utility-scale storage in the middle, and specialised solutions for data centres, artificial intelligence infrastructure and EV battery infrastructure at the top.

That last bit is the tell. QTECH calls itself a data and AI-driven technology company, and its notice links reliable energy supply and energy security to Pakistan’s technological development. This is not random diversification — storage is the power backbone for the data centres and AI workloads it wants to build on.

For now, the wording is “introduce and progressively undertake local assembly.” In plain language: systems come in first, assembly shifts to Pakistan over time. It is assembly, not full manufacturing — cells will likely still come from China initially, the same way Pakistan’s mobile phone and solar inverter stories began.

Who Is Great Power?

Great Power is a Chinese manufacturer specialising in lithium batteries and energy storage technology, listed on the Shenzhen Stock Exchange under stock code 300438. QTECH puts its market capitalisation at approximately $4 billion as of October 13, 2026. Its products span energy storage, new energy vehicles, consumer electronics, smart homes and smart security, sold in Chinese and overseas markets. For Pakistan, that matters: the partner is a manufacturer, not a middleman.

Who Is QTECH?

Quantum Data Technologies has one of the more interesting backstories on the PSX. Incorporated on January 31, 1988, as Chakwal Spinning Mills Limited — a textile company — it has since reinvented itself as an IT and IT-enabled services company trading as QTECH.

This deal pushes it further down that path: from spinning mills to IT services to a technology company with a hand in energy storage. The notice frames it as part of a broader strategy to develop technology ventures and create long-term shareholder value, with further material developments to be disclosed under PSX regulations.

Why This Matters for Pakistan

Three forces are colliding in Pakistan right now, and battery storage sits at the intersection of all three.

First, the solar boom. Households and businesses across Punjab and beyond have rushed to rooftop solar. But solar without storage only helps in daylight — and imported lithium packs are expensive. Every solar installer in Lahore will tell you the next question every customer asks is about batteries. Local assembly could genuinely bring those prices down.

Second, data centres and AI. Pakistan’s digital economy push needs reliable, uninterrupted power — a data centre cannot run on the grid’s mood swings. Utility-scale battery storage is becoming standard kit for data centre projects worldwide.

Third, energy security and the grid. Pakistan’s power sector is being restructured — the DISCO privatisation plan is part of the same story. Cheaper local storage eases peak-hour pressure and buffers consumers against outages. Energy access is not a luxury issue either: as the UNDP’s latest poverty data for Pakistan shows, deprivations in basic services still trap millions — reliable affordable energy is one of the quietest levers against that.

A Trend Is Forming: Kohinoor Energy Did This Too

A trend is forming: Kohinoor Energy did this too. Earlier this month, Kohinoor Energy Limited signed a non-binding MoU with China’s Hebei Juhang Energy Technology Group to explore a joint venture for lithium-ion battery pack assembly, manufacturing and energy storage systems.

Two listed companies, two Chinese partners, one month. That is no longer a coincidence — it is a trend. Chinese battery makers are clearly scouting Pakistan as an assembly base. Expect more announcements in this space before the year ends.

My honest take: framework agreements and MoUs are the easy part. The real test is whether assembly lines actually get built, on what timeline, and at what price. Neither announcement has given firm timelines or investment figures yet. Treat this as a genuinely promising first step — not a finished factory.

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TimelyUps Business Desk will update this story as QTECH files further disclosures with the PSX.