EMCO Industries completes on-grid Solar Power Project

News Image

MG News | June 29, 2021 at 12:20 PM GMT+05:00

0:00

June 29, 2021 (MLN): EMCO Industries Limited (EMCO), in an announcement to Exchange, said that the commissioning of the Solar Power Plant has been completed. After extensive trial production, the company formally transitioned to commercial production without any issue from the month of June 2021.

The company awarded the EPC contract to EBR Energy Pvt Ltd., and hired PITCO Pvt Ltd., to act as a technical consultant for the project. The on-grid roof-mounted solar installation has been completed at EMCO's existing manufacturing facility located at 19 Km Lahore-Sheikhupura Road, Pakistan and will complement the Company's current 83(14) WAPDA Tariff.

The PV grid-tied electric system has a capacity of approximately 1MW (without any back-up) and an annual expected generation of 1400MWh. This solar solutions system will support 40% of the Company's electricity consumption with a substantially lower cost of energy and has a capacity to save the environment up to 1000 tons of carbon dioxide emissions annually.

Working on Net Metering licensing with NEPRA has been initiated, and Net Metering is expected to be operational for maximum benefit to the Company in due course of time.

EMCO, a Public Listed company incorporated in 1954, is the market leader for manufacturing and supply of High Voltage porcelain transmission line insulators, and substation equipment for the Pakistan market, as well as for various export markets.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 170,447.30
475.39M
-0.17%
-294.05
ALLSHR 102,982.88
1,173.30M
-0.19%
-193.32
KSE30 51,831.63
203.62M
-0.19%
-100.47
KMI30 244,113.60
135.80M
-0.60%
-1472.20
KMIALLSHR 67,176.62
604.35M
-0.53%
-355.23
BKTi 46,076.74
115.84M
0.89%
404.61
OGTi 33,962.36
11.67M
-1.09%
-374.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 88,100.00 88,355.00
85,365.00
2115.00
2.46%
BRENT CRUDE 58.80 60.40
58.72
-1.76
-2.91%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.15
2.42%
ROTTERDAM COAL MONTHLY 95.75 0.00
0.00
-0.15
-0.16%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 55.11 56.70
54.98
-1.71
-3.01%
SUGAR #11 WORLD 14.85 15.07
14.78
-0.10
-0.67%

Chart of the Day


Latest News
December 16, 2025 at 05:54 PM GMT+05:00

Govt borrows Rs100bn debt in a week


December 16, 2025 at 05:46 PM GMT+05:00

M2 falls by Rs375bn in a week


December 16, 2025 at 05:08 PM GMT+05:00

MLCF on firm footing to Rs193


December 16, 2025 at 04:46 PM GMT+05:00

APTMA requests FBR to extend sales tax filing, payment deadline


December 16, 2025 at 04:32 PM GMT+05:00

PKR stays almost flat against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg