Flying Cement achieves Key Milestone as installation of new captive power plant completed

MG News | June 17, 2021 at 12:49 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 17, 2021 (MLN): Flying Cement Company Limited (FLYNG) has announced that the company has successfully completed the installation of the new captive power plant of 12 MW at its site in Distt. Khushab and its trial operations are expected to be started next month.

As per notification sent to PSX, the start of this captive power plant will eliminate the dependency on WAPDA and enable the Company to be self-reliant in power consumption whilst also resulting in significant cost saving on account of power going forward. The power plant will be based on coal being the economical source of fuel.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,478.94 174.95M	-0.41% -696.57
ALLSHR	102,885.54 725.60M	-0.29% -297.60
KSE30	50,877.61 79.52M	-0.67% -344.88
KMI30	243,917.86 73.26M	-0.62% -1524.88
KMIALLSHR	66,743.35 311.96M	-0.35% -234.16
BKTi	46,317.47 21.24M	-0.81% -377.00
OGTi	35,218.63 5.39M	-1.33% -473.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,300.00	63,085.00 59,600.00	1785.00 2.95%
BRENT CRUDE	92.78	95.90 92.67	-2.25 -2.37%
RICHARDS BAY COAL MONTHLY	122.00	122.00 121.00	-0.75 -0.61%
ROTTERDAM COAL MONTHLY	134.35	138.25 134.00	0.30 0.22%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	90.25	0.00 0.00	-0.29 -0.32%
SUGAR #11 WORLD	14.12	14.50 14.09	-0.15 -1.05%