TOMCL approves 2MW solar project with 5MWh battery storage

MG News | November 13, 2026 at 03:32 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 13, 2026 (MLN): The Organic Meat Company Limited (PSX: TOMCL) has approved a green energy initiative to reduce its reliance on diesel-powered generators and grid electricity while achieving long-term cost efficiencies.

As part of the initiative, the Company intends to install an off-grid Solar Photovoltaic (PV) power system with a generation capacity of 2MW, along with a 5MWh Battery Energy Storage System (BESS), at its Gadap factory premises.

The project will be financed through a five-year Ijarah arrangement. Upon expiry of the Ijarah term, legal and beneficial ownership of 100% of the project assets will be transferred to TOMCL for a nominal consideration.

The initiative forms part of the Company's broader sustainability and energy optimization strategy, aimed at reducing dependence on diesel and grid electricity, lowering energy costs, and minimizing its carbon footprint through reduced Scope 2 greenhouse gas emissions.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

Mari Energies discovers significant copper-gold mineralization

Biafo Industries unveils new corporate logo

Name	Price/Vol	%Chg/NChg
KSE100	177,945.88 154.07M	0.32% 572.12
ALLSHR	106,774.26 645.71M	0.61% 651.38
KSE30	51,951.99 78.39M	0.42% 216.97
KMI30	255,505.81 70.19M	0.64% 1632.82
KMIALLSHR	69,204.08 271.29M	0.91% 625.66
BKTi	48,723.86 15.45M	-0.24% -117.54
OGTi	36,176.53 17.91M	3.08% 1080.84

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	69,355.00	71,540.00 67,585.00	-2150.00 -3.01%
BRENT CRUDE	95.57	96.81 95.06	-0.25 -0.26%
RICHARDS BAY COAL MONTHLY	127.15	0.00 0.00	-1.45 -1.13%
ROTTERDAM COAL MONTHLY	138.00	138.00 137.90	0.60 0.44%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	88.13	89.20 87.97	-0.61 -0.69%
SUGAR #11 WORLD	18.32	18.38 18.16	0.10 0.55%