Lahore: Big Bird Foods Limited has announced an agreement with DSG Energy for the purchase and installation of a 3 Megawatt (MW) solar power system at its production facility. This strategic move aligns with the company's long-term goal to reduce its carbon footprint and operational expenses by transitioning to renewable energy sources.
The collaboration with DSG Energy, renowned for its expertise in industrial renewable energy solutions, is expected to significantly enhance Big Bird Foods Limited's operational efficiency. DSG Energy, which has over 600 MW of solar installations across Pakistan, is known for its tailored solar projects in industries such as textiles, manufacturing, and food production.
The solar power system installation is anticipated to be completed within three months. Upon completion, it is expected to generate a substantial portion of the company's energy requirements from renewable sources, leading to considerable annual energy cost savings.
According to information available from the Pakistan Stock Exchange (PSX), this development is in compliance with Section 96 of the Securities Act, 2015, and clause 5.6.1 of the PSX Regulations. The installation is a testament to Big Bird Foods Limited's commitment to sustainability and innovation in energy use.
The designated market category for this announcement is the industrial renewable energy sector. The initiative is poised to contribute positively to the company's sustainability efforts while also bolstering its economic efficiency.