Flying Cement starts operations of 12MW captive power plant

MG News | January 03, 2022 at 02:06 PM GMT+05:00

0:00

January 3, 2022 (MLN): Flying Cement Company Limited has successfully started commercial operations of a captive power plant of 12 MW at its site in district Khushab, the company’s filing on PSX showed on Monday.

This is a significant milestone achieved by the company in line with its strategic objectives of cost rationalization and optimization resulting in lower dependency on WAPDA’s power supply.

“By virtue of this, the company is contemplating saving in energy cost up to 30% when compared to WAPDA’s surging tariff, which would positively reflect on the overall financial performance and profitability of the company,” the notification added.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	155,777.21 362.16M	-0.86% -1354.88
ALLSHR	92,994.52 618.17M	-0.61% -572.34
KSE30	47,890.76 137.48M	-0.85% -412.22
KMI30	220,015.06 115.60M	-0.35% -783.45
KMIALLSHR	59,910.72 260.41M	-0.13% -77.81
BKTi	45,388.60 42.55M	-1.74% -804.48
OGTi	30,631.34 29.10M	1.45% 438.24

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	73,080.00	73,600.00 72,390.00	-365.00 -0.50%
BRENT CRUDE	83.20	83.62 82.13	1.80 2.21%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-17.10 -14.68%
ROTTERDAM COAL MONTHLY	121.50	124.00 121.25	-6.50 -5.08%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	76.58	76.87 75.56	1.92 2.57%
SUGAR #11 WORLD	13.71	14.07 13.70	-0.22 -1.58%