AHTM successfully commissions 988.9 KWP solar system financed by ABL

MG News | March 11, 2022 at 04:05 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 11, 2022 (MLN): Ahmad Textile Mills Limited has successfully commissioned a solar system having a rated capacity of 988.9 KWP on January 27, 2022. This project is financed by Allied Bank Limited under the SBP financing scheme for renewable energy, the company’s filing on bourse showed today.

On one hand, the project is designed to reduce energy costs significantly and on the other hand reliance of the company on gas gen-set will alleviate considerable, especially in the perspective of depletion of reserve of natural gas in the country.

This project is also a valuable contribution towards the government policy of Clean Green Pakistan. Due to the non-emission of any hazardous substance, it will play a pivotal role in the reduction of pollution in the country.

Furthermore, the company is also in negotiation with banks for the installation of an additional 500 KWP project, the notice said.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,765.22 212.46M	0.16% 266.28
ALLSHR	103,241.06 481.66M	0.13% 137.96
KSE30	50,813.89 65.25M	0.15% 74.20
KMI30	244,391.30 71.96M	0.08% 186.13
KMIALLSHR	66,928.26 309.74M	0.08% 55.24
BKTi	47,274.31 12.11M	0.30% 141.41
OGTi	35,009.43 4.22M	0.13% 46.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,475.00	84,580.00 84,120.00	55.00 0.07%
BRENT CRUDE	104.38	106.59 103.11	-2.22 -2.08%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	-0.55 -0.45%
ROTTERDAM COAL MONTHLY	136.55	137.10 133.60	0.65 0.48%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	92.44	94.75 91.51	-2.17 -2.29%
SUGAR #11 WORLD	18.54	18.75 18.43	-0.07 -0.38%