STAFF REPORT KHI: As per the KSE notice, Lucky Cement (LUCK) has started supplying 20MW per hour electricity to the Hyderabad Electric Supply Company (HESCO) as per the terms of the agreement.
According to details, the Lucky Cement has installed a grid station and an interconnection with the distribution network of HESCO. The company operates 175MW power generation facility and sells electricity to local electric supply companies. It has also installed a Waste Head Recovery at Pezu which operates on wasted heat from the system as its fuel to generate electricity. Consequently, the company qualified for Carbon Credit allowances under the Kyoto Protocol. The measures taken by the company would enable it to improve profitability by efficiently utilizing available resources.

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