Pakistan’s largest bike-maker goes solar
KARACHI: The largest motorcycle manufacturer in Pakistan, Atlas Honda, has received a nod from the regulator to setup solar power generation arrangements at its manufacturing site in Sheikupura.
Atlas Group’s subsidiary Atlas Energy would install solar generation facilities having a cumulative 2.5MW capacity for its motorcycle manufacturing plant in Sheikupura. The installed capacity was proposed after critically analysing the current load and future load projections of the site.
A large number of manufacturing and assembling units in the country were opting for renewable energy (captive) generation to secure uninterrupted supply and cut costs. Alpha Beta Core CEO Khurram Schehzad said many companies had installed captive power plants to secure uninterrupted power supply and ensure efficiencies. “Earlier, the captive generation was gas-based, but now the gas is a scarce and expensive commodity, so companies are opting for renewable captive generation.”
Several other companies and manufacturing concerns including P&G, Service Industries Limited, Kohinoor Textile Mills, Fauji Cement Company Eni, and DP World have installed solar power generation to meet their energy requirements. In addition to this, several others have entered into bulk power procurement agreements with alternate energy producers, while a large number of sugar millers have already setup biogas plants.
Khurram said gas shortage, lower costs and commitment to a clean environment were compelling companies to switch to alternate energy resources. “Captive renewable energy offers short-term as well as long-term efficiencies while being environment-friendly. Corporate sector should play a leading role in this transition.” Pakistan enjoys a geo-strategic advantage for producing abundant amounts of solar energy.
Hence, solar technology could save millions of dollars for the country’s economic growth, while also offering various ecological benefits.
-
Kate Middleton Is More Relaxed In 'Wellington Boots Than Diamond Tiara' -
Gaten Matarazzo Addresses Important Fans Query About 'Stranger Things' -
Prince William's Latest Move Reveals Rift Is Strong With Prince Harry -
Princess Eugenie Becomes Second Royal After Meghan To Feature In Viral Trend -
Carol Burnett Sings Praises Of Late Jimmy Stewart: 'He Had THIS' -
Kate Middleton Dashes Through Rain At Windsor Castle -
Dave Filoni, Who Oversaw Pedro Pascal's 'The Mandalorian' Named President Of 'Star Wars' Studio Lucasfilm -
Is Sean Penn Dating A Guy? -
Sebastian Stan's Godmother Gives Him New Title -
Alison Arngrim Reflects On 'Little House On The Prairie' Audition For THIS Reason -
Spencer Pratt Reflects On Rare Bond With Meryl Streep's Daughter -
'Stranger Things' Star Gaten Matarazzo Recalls Uncomfortable Situation -
Gaten Matarazzo On Unbreakable Bonds Of 'Stranger Things' -
Beyonce, Jay-Z's Daughter Blue Ivy Carter's Massive Fortune Taking Shape At 14? -
Meghan Markle Fulfills Fan Wish As She Joins Viral 2106 Trend -
Selena Gomez Proves Point With New Makeup-free Selfie On Social Media