PAKISTAN’S TEXTILE SECTOR MULLS OVER SHIFTING TO RENEWABLE ENERGY TO CUT COST OF DOING BUSINESS
August 1st, 2018
PAKISTAN’s textile sector is gearing up to shift to solar and other renewable energy to combat the effects of escalating power costs which have rendered their businesses uncompetitive in the region.
Reon Energy, which is part of Dawood Hercules Group, based in Karachi, has recently completed the installation of a one megawatt solar project at Kohinoor Textile Mills Limited (KTML), in the Punjab province.
According to textile industry leaders, non-viability of the industry has forced stakeholders to look for alternative sources to overcome the prevailing ...
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