Lucky Cement commissions 28.8mw wind power project

News Image

MG News | October 22, 2024 at 12:02 PM GMT+05:00

0:00

October 22, 2024 (MLN): Lucky Cement Limited (PSX: LUCK) has completed and commissioned a 28.8 MW captive wind power project at the company's Karachi Plant, the company's filing on PSX revealed today. 

The project has been completed within the stipulated timelines and costs and has commenced operations as of October 21, 2024.

"With this achievement, our installed power generation capacity for self-consumption from renewable sources now stands at 55%, including Solar Power Plants and Waste Heat Recovery plants at both locations (Karachi & Pezu)," the notification reads.

Sustainability and adoption of clean energy have remained a cornerstone of the company's strategy and the installation of the Wind power project is a testament to its commitment to conserving energy and promoting green energy resources, it added. 

Lucky Cement already operates Pakistan’s largest solar captive plant, with a capacity of 42.8 MW, with 5.1 MW reflex energy storage solution at its Pezu Plant.

The company's investment in renewable energy will result in cost savings as well as a reduction of the country's reliance on imported fuel.
 

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 139,390.42
291.21M
0.71%
978.17
ALLSHR 86,260.96
576.29M
0.65%
558.00
KSE30 42,618.60
119.41M
0.86%
363.76
KMI30 196,907.86
123.77M
1.44%
2798.27
KMIALLSHR 57,276.87
259.26M
0.99%
563.20
BKTi 37,820.27
20.77M
-0.03%
-11.06
OGTi 28,214.64
47.07M
2.82%
774.00
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,805.00 119,785.00
117,905.00
1185.00
1.01%
BRENT CRUDE 71.71 72.82
71.60
-0.76
-1.05%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.28 70.41
69.21
-0.72
-1.03%
SUGAR #11 WORLD 16.43 16.61
16.28
-0.02
-0.12%

Chart of the Day


Latest News
July 31, 2025 at 05:47 PM GMT+05:00

Public grievance system introduced at EDB


July 31, 2025 at 05:18 PM GMT+05:00

PKR rises by 8 paisa against USD


July 31, 2025 at 04:57 PM GMT+05:00

Gold takes a Rs2,000 per tola hit


July 31, 2025 at 04:48 PM GMT+05:00

United Insurance resumes Guarantee Business operations



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg