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.
-
Four Hidden Dead Stars Found In Earth's Backyard -
D4vd Murder Trial Takes Disturbing Turn As Court Reviews Pregnancy-related Texts -
Typhoon Noul Nears Southern China, Prompting High Alerts And Public Transport Suspensions -
How To Preorder New Samsung Galaxy Z Fold 8, Z Flip 8, Z Fold 8 Ultra -
Princess Charlene Shares Warning For Prince Harry After Lilibet Pool Photos? -
CDC Expands Cyclospora Outbreak To Nine States As Cases Continue To Rise -
Jim Carrey Breaks Silence On 'The Mask' Director Chuck Russell's Sudden Death -
X Removes 42,000 AI Chatbot Accounts, Wins Praise From Users -
Prince Harry Wants Reconciliation With William For Royal Title, Meghan Markle's Business? -
Kentavious Caldwell-Pope Eyes 76ers Reunion With LeBron James -
Trump’s ‘racist’ Remark About LeBron James Ignites Online Reactions -
Why Is Meta Giving Millions Of Facebook Users A Free Verification Badge? -
Micron Presses Trump To Block Apple's China Chip Plan -
What Happened During SpaceX’s 13th Starship Test? First Upgraded Starlinks Successfully Deployed -
Sarah Ferguson Makes Fresh Vow Amid 'feeling Cut Off' From Family -
Olivia Culpo Shares Birth Plan For 2nd Baby Amid Christian McCaffrey's NFL Commitments