Reon Energy Announces Commissioning Of 14.3MW Solar Power Project At BCL Farooqia Plant

Bestway Cement and Reon Energy Limited today energized14.3 MW captive Solar Power Project at Farooqia, Khyber Pakhtunkhwa.

Bestway Cement and Reon Energy Limited today energized 14.3 MW captive Solar Power Project at Farooqia, Khyber Pakhtunkhwa. The Solar Photovoltaic Plantis part of around a 50 MW project dealdispersed across Bestway’s four locations i.e.,Farooqia, Chakwal, Kallar Kahar and Hattar. The deal between Bestway and Reon is the largest distributed energy project in the region to date. The project is owned and financed by Bestway.

The Solar PV project is expectedtoproduce approximately 78,385 MWh(Megawatthours) annually.Theoutputenergywillbe usedon-site resulting in substantial savings for the company in cost of energy and will significantly reduce the company’s reliance on the national grid.

The energy generated will also cutaround1million Tonnes of CO₂ equivalent emissions over the life of the project, which is equal to plantation of approximately 2.1 million trees.