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Environmental sustainability

Dewan Cement Commits to Clean Energy with 6-megawatt Solar Power System

Strategic Insights

— 1 min read

Dewan Cement Limited has taken a significant step towards reducing its carbon footprint and improving operational efficiency by commissioning a 6-megawatt solar power system at its Dhabeji manufacturing plant. The new system now supplies over 50% of the facility's total energy needs, marking a major shift towards clean energy. This move aligns with the company's commitment to environmental sustainability and cost savings, as well as the national goal of reducing reliance on imported fuel. As fuel prices continue to rise, Dewan Cement's transition to solar power is expected to deliver both environmental and economic benefits.

Key Takeaways:

  • Dewan Cement Limited has commissioned a 6-megawatt solar power system at its Dhabeji manufacturing plant in District Malir, Karachi.
  • The solar system supplies over 50% of the facility's total energy needs.
  • The transition to renewable energy is expected to stabilize long-term production costs and support the national goal of reducing reliance on imported fuel.
  • Dewan Cement aims to secure energy independence and protect the company from future price volatility.
  • The shift to solar power is expected to significantly cut the company's carbon footprint.
  • This move aligns with global trends where businesses are being encouraged to reduce emissions and adopt cleaner technologies.
  • Dewan Cement's announcement was made under Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of the PSX rulebook, and was submitted to the Securities and Exchange Commission of Pakistan (SECP) for formal record.
  • The company joins a growing list of Pakistani firms embracing solar energy as part of a broader industrial transformation aimed at sustainability, cost-efficiency, and long-term energy resilience.

Statistics:

  • 6-megawatt solar power system commissioned by Dewan Cement Limited
  • Over 50% of the facility's total energy needs are now supplied by the solar system
  • The transition to renewable energy is expected to stabilize long-term production costs and support the national goal of reducing reliance on imported fuel
  • Company aims to secure energy independence and protect the company from future price volatility

Sources:

  • Pakistan Stock Exchange (PSX)
  • Securities and Exchange Commission of Pakistan (SECP)
  • Securities Act, 2015
  • PSX rulebook (Clause 5.6.1(a))

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