Bestway Cement, Reon announce commissioning of 14.3MW project
LAHORE – Bestway Cement and Reon Energy Limited Tuesday energized 14.3MW captive solar power project at Farooqia, Khyber Pakhtunkhwa.
The solar photovoltaic plant is part of around a 50 MW project deal dispersed 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 expected to produce approximately 78,385 MWh (megawatthours) annually.
The output energy will be used on-site resulting in substantial savings for the company in cost of energy and will significantly reduce the company’s reliance on the national grid.