{"id":16692,"date":"2025-03-25T04:47:23","date_gmt":"2025-03-25T04:47:23","guid":{"rendered":"https:\/\/gsrra.com\/?p=16692"},"modified":"2025-03-25T04:47:25","modified_gmt":"2025-03-25T04:47:25","slug":"pakistans-sugar-maker-to-install-200kw-solar-power-plant","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=16692","title":{"rendered":"Pakistan\u2019s sugar maker to install 200KW solar power plant"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>As per ECC, total installed solar capacity grew from 321MW in 2021 to 4,124MW by December 2024<\/strong><a href=\"javascript:void(0)\"><\/a><\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/youtube.com\/channel\/UCFWx0mweS7ExXjs3s_wH0CQ\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.facebook.com\/BusinessRecorder\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.instagram.com\/businessrecorder\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/twitter.com\/brecordernews\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.brecorder.com\/feeds\/latest-news\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><strong>Tariq Corporation Limited (TCORP), engaged in the manufacturing of sugar and its by-products, has become the latest company to adopt renewable energy, as it announced plans to set up a 200KW solar power system at its facility.<\/strong><\/p>\n\n\n\n<p>The listed company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday.<\/p>\n\n\n\n<p>\u201cWe are pleased to inform you that Tariq Corporation Limited (TCORP) has decided to install a 200 KW solar power system, reinforcing its commitment to improve sustainability and operational efficiency.<\/p>\n\n\n\n<p>\u201cIt is expected to significantly reduce TCORP\u2019s annual electricity costs and lower our carbon footprint,\u201d it added.<\/p>\n\n\n\n<p>There has been a growing shift towards alternative energy sources in Pakistan, especially solar, which has become increasingly popular among residential and commercial sectors.<\/p>\n\n\n\n<p>This rising trend has left decision-makers grappling with its implications for the national grid and energy sector, as electricity consumption remains stagnant.<\/p>\n\n\n\n<p>Nonetheless, several projects have been initiated to exploit this relatively cheaper energy source.<\/p>\n\n\n\n<p>Last month,&nbsp;<a href=\"https:\/\/www.brecorder.com\/news\/40346240\/shift-to-renewables-olympia-mills-to-install-500kw-solar-power-plant\" target=\"_blank\" rel=\"noopener\">Olympia Mills Limited<\/a>&nbsp;announced plans to set up a 500KW off-grid solar power system at its facility.<\/p>\n\n\n\n<p>Meanwhile, in a key development on the renewable front, Prime Minister Shehbaz Sharif on Sunday said that the government\u2019s policy on&nbsp;<a href=\"https:\/\/www.brecorder.com\/news\/40354306\/no-change-in-govts-policy-on-solar-energy-pm-shehbaz\" target=\"_blank\" rel=\"noopener\">solar energy remained unchanged<\/a>&nbsp;and promotion of renewable energy was \u201ca top priority\u201d.<\/p>\n\n\n\n<p>\u201cThere is no change in government\u2019s policy on solar energy and promotion of renewable energy remains a priority,\u201d a statement from the Prime Minister\u2019s Office (PMO) read.<\/p>\n\n\n\n<p>The statement came days after the Economic Coordination Committee (ECC)&nbsp;<a href=\"https:\/\/www.brecorder.com\/news\/40352781\" target=\"_blank\" rel=\"noopener\">reduced the buyback rate for net metering<\/a>&nbsp;electricity to Rs10 per unit from previously Rs27 per unit, attributing the decision to a \u201csignificant increase in the number of solar net-metering consumers, with associated financial implications for grid consumers\u201d.<\/p>\n\n\n\n<p>As per figures presented to the ECC, the total installed solar capacity grew from 321MW in 2021 to 4,124MW by December 2024.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/www.brecorder.com\/news\/40354444\/pakistans-sugar-maker-to-install-200kw-solar-power-plant\" target=\"_blank\" rel=\"noopener\">https:\/\/www.brecorder.com\/news\/40354444\/pakistans-sugar-maker-to-install-200kw-solar-power-plant<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tariq Corporation Limited (TCORP), engaged in the manufacturing of sugar and its by-products, has become the latest company to adopt renewable energy, as it announced plans to set up a 200KW solar power system at its facility. The listed company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. \u201cWe [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[132,105,36,14980,2351,946,14978,14979],"class_list":["post-16692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-economy","tag-geopolitics-2","tag-pakistan","tag-pakistans-sugar-maker-to-install-200kw-solar-power-plant","tag-renewable-energy","tag-solar-energy","tag-sugar-industry","tag-sugar-makers-installed-solar"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/16692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16692"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/16692\/revisions"}],"predecessor-version":[{"id":16694,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/16692\/revisions\/16694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/16693"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}