Category: Press release

Karachi, Pakistan – Reon Energy Limited today will celebrate the completion of the 10 MW captive Solar Power Project for Eni, through its’ subsidiary Eni New Energy Pakistan, at Bhit, Sindh. The Solar Photovoltaic Plant will free up the gas used in self-generation whilst optimizing operational costs.

The 10 MW Photovoltaic Project is expected to produce approximately 20 GWh (Gigawatt hours) annually. The output energy will be used on-site, reducing gas consumption and avoiding around 144.000 Tonnes of CO2 equivalent emissions during the plant life. The project has allowed the shutdown of one of the existing gas turbines during the day and will help extend the life of the turbines.

The project located near Bhit Gas Field was executed in a record time frame of 90 days.

Karachi, Pakistan – Reon Energy Limited today announced the Commissioning of its latest 12.5 MW captive Solar Power Project at Fauji Cement Company Limited (FCCL) in Jhang Bahtar, Punjab. The proposed move is a key step in commercializing a unit in order to achieve a lower cost of electricity. 

The 12.5 MW photovoltaic project is expected to produce approximately 20 GWh (Gigawatt hours) annually. The output energy will be used for captive generation and will avoid around 121,437 Tonnes of CO2 equivalent emissions in the next 10 years. The project aims to integrate the new photovoltaic project with the existing power generating facility.

Mujtaba Haider Khan, CEO, Reon Energy Limited said “The 12.5 MWp Solar Plant shall offset higher energy prices for power from grid and other sources. Cement sector is going through a tough patch, lower prices and demand compression, this initiative should help preserve margins in a tough environment. I commend the Fauji Cement Team for taking a leap towards energy independence, we’re privileged to have played our role.”

The Solar Plant was said to create 500 jobs during the project duration.

Rawalpindi– Reon Energy Limited today announced its latest project at Kohinoor Textile Mills Limited, Rawalpindi. The 1-Megawatt solar installation will provide considerable savings in energy-costs, along with an expected reduction of 970 tonnes in annual carbon emissions.

“I want to congratulate KTML for being a pioneer in its thinking about the issue of sustainability in its energy mix. The plant will deliver significant commercial savings to KTML,” said Mujtaba Haider Khan, CEO, Reon Energy.

Mujtaba further added, “In Pakistan we’re gifted with high solar irradiation and now there’s a clear incentive for consumers and businesses in the form of cheap financing from State Bank of Pakistan and a net-metering policy that allows you to export excess back to the grid to earn credits. We’re proud to be a partner of choice for businesses, like KTML, creating long term value for the society, economy and the environment. The effect of climate change in Pakistan has been more evident in the past decade in the form of extreme weather events, higher temperatures especially along our agri-belt and increase in pollution linked health issues. It’s imperative that we adopt sustainability as a core value in everything we do to leave this planet and the country in a better shape for our future generations.”

Reon Energy Limited, part of the Dawood Hercules Co, is the largest industrial solar solutions provider in Pakistan. Reon brings with it unparalleled delivery track record working with local and international groups such as Unilever, Coca Cola, Abbott, and Servis coupled with a dedicated team that provides the best possible solution as per customer’s needs.

Islamkot, Wednesday, February 21, 2018 – With an aim to limit Carbon emissions and, thereby, help protect the environment, Sindh Engro Coal Mining Company (SECMC) and Reon Energy Ltd entered an agreement to install 5MWs Solar Power plant at Thar Coal Block II.

This will be the largest solar energy project for captive utilization to date, in Pakistan. The plant will provide considerable savings in energy-costs, along with an expected reduction of 3,150 Metric Tonnes in the annual carbon-emissions.

SECMC will have the option to extend the contract during or after project completion, wherein Reon will operate it for the period of 15 years and then hand over the operations to SECMC, said an official release issued here today.

A signing ceremony was held at the premises of SECMC in Thar Coal Block II. The agreement was signed by CEO of Reon – Mujtaba Haider Khan and Chief Operating Officer (COO) of SECMC, Syed Abul Fazl Rizvi. The ceremony was witnessed by CEO of SECMC, Shamsuddin Shaikh and Director Site Operations, Syed Murtaza Azhar Rizvi.

Speaking on the occasion, Mr. Abul Fazl Rizvi said, “The 5MWs solar energy system will contribute benefits equivalent to planting of about 220,000 trees and will be the largest private solar PPA in the country.”

“This is also the first-ever initiative by a mining company in Pakistan to install solar power plant for it mining operations,” he added.

The CEO of Reon Energy, Mujtaba Haider Khan stated: “Pakistan enjoys a geo-strategic advantage for producing abundant amounts of solar energy. Advancement in solar technology has not only improved solar’s efficiency but has also led to a massive reduction in costs. This is a landmark project that’ll significantly reduce the operating cost and carbon footprint.”

Moreover, he said, it will provide dozens of skilled and unskilled jobs for the locals. “SECMC and Engro Energy are on a mission to transform the lives of ordinary Tharis and Reon Energy is proud to be partnering with them on that mission,” Mr Khan added.

Reon Energy Limited, part of the Dawood Hercules Co, is the largest industrial solar solutions provider in Pakistan. Reon brings with it unparalleled partnership stories from local and international groups such as Unilever, Coca Cola, Abbott, and Servis; whereas, SECMC is working on Pakistan’s first open-pit coal mine in the Thar Block II Islamkot, which is expected to start generating electricity through a mine-mouth powerplant constructed by the Engro Powergen Thar Limited (EPTL) at the end of the current year.

Karachi– Reon Energy Limited today announced its latest project at Service Industries Limited (SIL). The 1000 kW solar energy system will provide considerable savings in energy-costs, along with an expected reduction of 517 tonnes in the annual carbon-emissions. The on-grid solar plant shall also sell excess energy to the grid during downtime.

A formal inauguration ceremony for this eco-friendly project was held at the factory premises of Service Industries at Muridke, near Lahore. It was attended by the CEO of SIL – Mr. Omar Saeed and the Ambassador of Germany – Mr. Martin Kobler, accompanied by Mr. Jurgen Colsch – the CEO of Caprice – a footwear company from Poland.

The CEO of SIL – Mr. Omar Saeed said; “The 1000 kW solar energy system will provide considerable reduction in energy-costs and carbon-emissions. We hope that this initiative creates awareness about environment-protection among the entrepreneurs, to bring a change in the mindset of the export-industries of Pakistan.”

He further added “SIL is a leading manufacturer of footwear – Servis Shoes. It is also one of the pioneering companies in the country, leading the way towards energy-efficiency and conservation. Pakistan enjoys a geo-strategic advantage for producing abundant amounts of solar energy. Hence, solar technology can save millions of dollars for the country’s economic growth, while also offering various ecological benefits”.  

The CEO of Reon Energy Ltd. – Mujtaba Haider Khan commented that: “Pakistan is one of the top 10 countries, worst affected by climate change. Eco-friendly initiatives by local manufacturers can slow-down the climate-change process. This initiative is a wonderful opportunity for SIL’s management and employees to be a part of a change that is so essential for sustainable growth of our nation.”

The German Ambassador – Martin Kobler stated that: The relations between Pakistan and Germany go far beyond business engagements. This project will contribute to the well-being of the global population, by protecting the Earth’s environment. Solar technology has revolutionized the energy sector in Germany and will hopefully become a game-changer in Pakistan too. Thank you for creating a sustainable vision for Pakistan and protecting the world’s ecology.

Reon Energy Limited specializes in solar-projects and alternate-energy technologies, as part of the energy portfolio of Dawood Hercules Group – the single largest private energy contributor in Pakistan’s Power-generation sector, adding approximately 1800 MW of energy to the grid. Reon specializes in solar PV solutions for medium, large and mega-scale, commercial and industrial organizations, to make them more profitable and energy independent.