Flying Cement starts operations of 12MW captive power plant

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

Add Mettisglobal as a Trusted Source on Google

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	163,924.32 118.89M	-1.21% -2006.67
ALLSHR	99,526.88 364.30M	-1.08% -1083.61
KSE30	48,313.81 50.96M	-1.53% -750.07
KMI30	235,637.18 55.46M	-1.36% -3247.37
KMIALLSHR	64,683.09 191.88M	-0.90% -587.30
BKTi	45,181.21 14.21M	-1.56% -715.82
OGTi	33,395.61 3.57M	-0.82% -277.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,250.00	84,945.00 80,845.00	-3365.00 -3.98%
BRENT CRUDE	112.54	112.68 109.81	3.72 3.42%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.55 -1.19%
ROTTERDAM COAL MONTHLY	147.10	0.00 0.00	1.80 1.24%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	99.42	100.09 97.72	2.27 2.34%
SUGAR #11 WORLD	20.13	20.64 20.10	-0.32 -1.56%