Pioneer Cement commissions 28.265 MW solar plant and expands capacity to 31 MW
Operations UpdatePioneer Cement Limited reports that its 28.265 MW solar power plant at its manufacturing facility in Chenki, District Khushab, Punjab, has been commissioned and energized. Capacity has subsequently been enhanced to 31 MW, with the additional capacity expected to be energized within the next month. The solar project is expected to meet approximately 45% of the company’s annual power requirements and reduce power costs.
Key Findings
- The company commissioned and energized a 28.265 MW solar power plant at its manufacturing facility in Chenki, District Khushab, Punjab.
- Solar capacity has been enhanced to 31 MW; the additional capacity is expected to be energized within the next month.
- The project is expected to meet approximately 45% of the company’s annual power requirements.
- The company expects lower power costs, improved operational efficiency and a positive contribution to profitability and sustainability objectives.
Disclosure Details
Expected Completion Date
Within The Next Month
Entities Involved
Pioneer Cement Limited, Solar power plant at the manufacturing facility in Chenki, District Khushab, Punjab
Impact
The solar project is expected to meet approximately 45% of annual power requirements, reduce power costs, improve operational efficiency and contribute positively to profitability and sustainability objectives.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
