Bestway to set up Brownfield cement plant

Bestway to set up Brownfield cement plant

KARACHI: Bestway Cement Limited on Friday announced to set up a Brownfield cement plant and a 6.4 MW off-grid solar power plant.

The company in its material information shared with Pakistan Stock Exchange (PSX) stated that in view of increasing demand for cement in the country, Bestway Cement Limited decided to set up a Brownfield cement plant with a capacity of 7,200 tonnes of clinker per day at its Hattar site in District Haripur, Khyber Pakhtunkhwa along with 9MW Waste Heat Recovery Plant.

“To that end the company has entered into an agreement with Sinoma International Engineering Co. Limited PR China for EPC,” it said.

The company has also decided to set up a 6.4MW off-grid solar power plant at the same site for which an agreement has been entered into with Reon Energy.