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.
-
Prince William On Verge Of Breakdown Because Of 'disgraced' Andrew -
Tig Notaro Reflects On Oscar Nod For 'Come See Me In The Good Light': 'I Was Sleeping' -
Kenyon Sadiq Sets 40-yard Dash Record At NFL Scouting Combine, Eyes First Round -
Talk Show Host Drops Hint About Taylor Swift, Travis Kelce Wedding Date -
Andrew Scandal Brings New Worries For Prince Harry, Meghan Markle -
King Charles Imposes New Restrictions On Ex-Prince Andrew In Surprise Move -
Chris Hemsworth Reveals How Elsa Pataky Guides His Career Moves -
Was Travis Barker In A Relationship With Kim Kardashian Before Marrying Her Sister? -
Brad Pitt Feeling Down In The Dumps After Kids' Snubs As Pals Continue To Paint Angelina Jolie A Villain -
Ex-PM Speaks Out On Andrew Mountbatten-Windsor In Newspaper Column -
Eric Dane Remembered In Glowing Tribute By Trans Activist In 'Grey's Anatomy' -
Zach Braff, Sarah Chalke Explain J.D. And Elliot Twist In 'Scrubs' Revival -
Jim Carrey's Death To Body Double: Comedian's Latest Appearance Sparks Conspiracy Theories -
Aespa's Ningning Steals Spotlight With Hilarious Viral Video From Milan Fashion Week -
Should Benedict Be Forgiven For Mistress Question? 'Bridgerton' Star Yerin Ha Reveals -
John F. Kennedy Jr. Wife Carolyn Bessette's Last Minute Bridal Crisis Revealed