Corporate Alert: Treet Corporation’s Battery Project to start commercial production in November, 2017
MG News | August 10, 2017 at 11:13 AM GMT+05:00
Treet Corporation released the progress report on “Lead Acid Battery” project. The particulars of the report are as such:
- Installation of plant & machinery is underway and trial run of different processes has already begun;
- Synchronized trial production will begin form 1st of October 2017;
- Commercial Production to commence from November, 2017
- Summary of status of the project:
|
| % Completion | Remarks |
| Civil Work – Production | 90% | Production Hall accounts for 90% of the total construction area (i.e. including other civil works) |
| Civil Work – Other | 70% | Administrative Halls, Guest Rooms, Security Set-Up, Stores etc. |
| Installation of Machinery | 70% | Installation is under supervision of Korean Exports and other expatriates (from Italy, France and Taiwan etc) |
| Utilities/auxiliary Equipment | 75% | Own Grid Station (13MW) installation is under way. Backup generators are already installed. Electricity Connections (FESCO), Water and Gas connections and related supplies connected. Water treatment plant, Compressed Air, Boilers, Wet Scrubbers are under installation. |
| Procurement of machinery | 100% |
|
| Raw Material Procurement | 100% |
|
The report can be accessed here.
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 161,631.73 408.94M | 3.13% 4898.86 |
| ALLSHR | 98,254.73 951.34M | 2.71% 2590.07 |
| KSE30 | 49,377.29 213.50M | 3.40% 1624.91 |
| KMI30 | 232,700.28 121.13M | 2.88% 6525.03 |
| KMIALLSHR | 64,179.60 399.93M | 2.39% 1496.52 |
| BKTi | 46,334.17 105.09M | 5.56% 2441.42 |
| OGTi | 31,362.73 10.58M | 1.56% 482.31 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 109,880.00 | 0.00 0.00 | -440.00 -0.40% |
| BRENT CRUDE | 64.58 | 65.15 63.81 | 0.21 0.33% |
| RICHARDS BAY COAL MONTHLY | 86.00 | 86.00 86.00 | -1.90 -2.16% |
| ROTTERDAM COAL MONTHLY | 96.50 | 99.00 96.50 | -2.70 -2.72% |
| USD RBD PALM OLEIN | 1,082.50 | 1,082.50 1,082.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 60.88 | 0.00 0.00 | -0.10 -0.16% |
| SUGAR #11 WORLD | 14.42 | 14.49 14.20 | 0.14 0.98% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Total Advances, Deposits & Investments of Scheduled Banks
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|