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Friday May 24, 2024

Din Textiles expands solar power

Solar capacity of 5.5 MW, with an additional 2.5 MW in the process of securing through a letter of credit (LC)

By News Desk
April 17, 2024
Solar panels can be seen in this representational image. — Unsplash/File
Solar panels can be seen in this representational image. — Unsplash/File

KARACHI: Din Textile Mills Limited has received the green light from its Board of Directors to sign multiple contracts for the installation of solar panels and accessories, aiming to increase its total solar capacity to 8 megawatts (MW).

The company, in a notice issued to the Pakistan Stock Exchange on Tuesday said that the expansion includes the current installed solar capacity of 5.5 MW, with an additional 2.5 MW in the process of securing through a letter of credit (LC).