Power Cement Limited (PSX: POWER) has signed a term sheet with Burj Solar (Private) Limited (Burj Solar) for the development and financing of a 9.6 MW wind power project at the Company’s premises, the cement producer told the main bourse on Friday.
“This project is an effort to reduce our reliance on fossil fuels and promote sustainable development,” the stock filing stated.
Salient features of the term sheet include the following:
Power Cement Limited’s principal activity is manufacturing, selling, and marketing of cement.
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