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.
-
Australian Open: Djokovic Chases Historic 25th Grand Slam With New Approach -
Google Expands Flow AI Video Tool To Workspace Users -
Adam Sandler's 'shocking' Death Plans Come To Light -
Chelsea Handler Reveals The Type Of Man She'll Never Date -
'The Night Manager' EP Weighs In On Secret Season 3 -
Sarah Ferguson Holds Secret Meetings As She Plans 'successful Formula' For Retaliation, Financial Stability -
Google Blocks Unverified Android Apps, Millions Affected -
Find Out How You Can Avoid Diabetes At Your Home -
Ginnifer Goodwin Makes Honest Confession About Her Kids -
Bamboo: World’s Next Sustainable ‘superfood’ Hiding In Plain Sight -
Trump Warns Of New Tariffs For Countries Opposed To Greenland Takeover -
Buckingham Palace Confirms Prince William Will Be In Bristol During Harry's UK Trip -
Paris Hilton Calls Son Phoenix Her 'greatest Blessing' In Birthday -
WhatsApp To Replace Tenor With Klipy For GIF Search -
Prince Harry, Meghan Markle Hit Their Stickiest Issue As Parents As She Just Wants The ‘freedom’ -
Global Cooperation On Deathwatch: UN Chief Warns Of ‘powerful Forces’ In Play