June 30, 2021: Bestway Cement and Reon Energy Limited today energized a 14.3 MW captive Solar Power Project at Farooqia, Khyber Pakhtunkhwa. The Solar Photovoltaic Plant is part of around a 50 MW project deal dispersed across Bestway’s four locations i.e., Farooqia, Chakwal, Kallar Kahar, and Hattar. The deal between Bestway and Reon is the largest distributed energy project in the region to date. The project is owned and financed by Bestway.
The Solar PV project is expected to produce approximately 78,385 MWh (Megawatt hours) annually. The output energy will be used on-site resulting in substantial savings for the company in the cost of energy and will significantly reduce the company’s reliance on the national grid.
The energy generated will also cut around 1 million Tonnes of CO2 equivalent emissions over the life of the project, which is equal to the plantation of approximately 2.1 million trees.
Reon, a part of the Dawood Group, is Pakistan’s leading Solar and Storage Solutions Specialist with deep domain expertise in project development, financial advisory, Engineering, Procurement, and Construction (EPC), and asset performance management. Our portfolio includes industrial solutions for cement, oil and gas, coal mining, textile, dairy, and telecommunications.
Reon is committed to a sustainable energy future to enable economic growth and greater wellbeing.
About Bestway Cement
Bestway Cement is the largest cement manufacturer with more than 11 million tonnes per annum cement capacity and is among the 5 largest taxpayers in Pakistan. Bestway frequently wins environmental excellence and corporate social responsibility awards. All BCL plants are ISO 14001:2015 Environmental Management System (EMS) certified.
Environment conservation has always been an integral part of Bestway Cement’s business strategy. The company was the first to introduce Waste Heat Recovery Power Plants (WHRPP) in Pakistan’s cement industry and has WHRPP at all six production lines operating from four locations.
Bestway is also the leader in water conservation after installation of Air-Cooled Condenser Systems, the first and only company in the cement industry, which has enabled it to eliminate use of ground water for industrial use at two of its plants.
Rainwater harvesting has been a key area of focus and Bestway has made huge strides in not only improving its existing rainwater harvesting capacity but also developing new reservoirs. Bestway regularly participates in various environment uplift programs including tree plantation drives and has to date planted more than 400,000 trees in and around its plant sites.
Bestway Cement ardently supports WWF Pakistan. The Company has been praised and endorsed for its efforts in reducing the carbon footprint while working towards conservation and protection of the environment. Its head office is one of the few buildings in Pakistan which has been certified as a Green Office by WWF Pakistan.
Bestway Cement Limited is a subsidiary of British company Bestway Group.
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