Having lived outside India most of my life in various countries I have learnt to make things from whatever stuff available. In Nigeria there used to be scarcity of many things during the time I was living there. We made use of milk powder to make all the diary products like yogurt, paneer, and mithais, desserts, kulfis, ice-creams etc etc .. I find it very convenient and easy too.
Here is how I make my paneer at home. Use any kind of full cream milk powder available like Nido, Amulya. etc etc.
Milk powder ... 400 gms (about 5 cups)
Vinegar or lemon juice .. 5-6 tbsps or as needed
Water ........ 10 cups
1. Mix the milk powder and water together with a whisk clearing all the lumps.
2. Bring it to a boil in a pan. Keep stirring with a spoon or whisk to avoid burning.
3. When the milk starts to boil add the vinegar and keep stirring until it curdles.
4. Now drain the water and separate the paneer.
5. Tie it in a muslin cloth and hang it to remove all the excess water.
6. Carefully fold the cloth around the paneer and place a heavy vessel on it to set.
7. Cut it into pieces and use the way you like it.
8. If you want to freeze it just fry it lightly and store in a plastic container. It really comes handy when you need it or even for a party.
You get 400 gms of paneer from this quantity.. same as the milk powder used
Note: Do not throw the water that you strained. Use it for curries or kneading your dough for rotis.