Attock Petroleum plans to transition to on-grid solar system at retail outlets

September 27, 2024 (MLN): Attock Petroleum Limited (PSX: APL) plans to fully or partially transition to an On-Grid Solar System at its COCO retail outlets and other bulk oil storage terminals, the company stated in its annual report.

This comes after the company completed its on-grid Solar System with Net metering at certain locations which provides a clean source of energy generation, contributes to the reduction of greenhouse carbon emissions, and minimizes financial and environmental impacts.

Additionally, On-Grid Solar Systems with net metering are now operational at several Company sites, demonstrating our commitment to renewable energy integration.

Further elaborating on its plans, APL announced its intention to expand Electric Vehicle (EV) charging systems nationwide.

This initiative aims to facilitate the adoption of EVs, contributing to cleaner air and combating climate change, as EV charging stations are essential for the transition to sustainable transportation.

By investing in and installing EV fast charging stations, APL supports the transition to electric mobility.

This infrastructure provides convenience for EV owners, encourages the adoption of electric vehicles and improves energy efficiency.

To enhance the sustainability of EV charging stations, the company integrates renewable energy sources, such as solar panels, to power the stations. This reduces the carbon footprint associated with electricity consumption.

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