Mehmood Textile Mills achieves Green, productive goals with Solar plants

By MG News | July 13, 2023 at 09:27 AM GMT+05:00

0:00

July 13, 2023 (MLN): Mehmood Textile Mills Limited (PSX: MEHT) now holds 12 MW plus Solar power plants across the units as part of their commitment to Green Energy & Environment, the latest company’s filing to the bourse showed.

Their solar energy is equipped with the latest innovative technology; half-cell PV, cloud-based monitoring systems, and updated structures assisting as major contributors in socioeconomic developments.

It provides the carbon sequestration of 27,375 mtCO2e. spinning Division, which they have expanded (Spinning division Unit-6) with the capitalization of 21,888 spindle machinery.

This has been equipped with the latest 1824 spindle per frame with link corners having real-time efficiency and load data that will improve the product quality and increase the productivity.

The advanced technology machinery is power efficient and aims to increase efficiency resulting in the addition of $14 million to the top line.

“This addition will create employment generation for an additional 200 employees,” it reads.

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