DG. Khan Cement Company Limited (DGKC) has informed Pakistan Stock Exchange (PSX) on June 21 that D.G. Khan Cement Company Limited (“the Company”) has signed an agreement and established a Letter of credit for the supply and installation of the On-Grid Solar Power Plant of 6.952MW at its site in Khairpur, Distt. Chakwal, Punjab, in favour of Reon Energy Limited.
Solar Power Plant is to be financed 100% through the State Bank of Pakistan Financing Scheme for Renewable Energy. The project will be completed in about six months and replace electricity generated from fossil fuels/bought from the national grid. This will help reduce carbon footprints that align with our vision and approach to inch up towards environmentally friendly production processes.