Islamabad January 05, 2022: As per the PSX notice, Attock cement 20 MW Solar Power Plant has started to produce electricity with effect from January 01,2022. The company has invested PKR 1.8 billion.
Attock Cement Pakistan Limited was established in 1981 with an initial capital outlay of PKR 1.5 billion including a foreign exchange component of USD 45 million. The company started commercial production in 1988 with a plant capacity of 2,000 tons per day of clinker (approx. 0.6 million tons annually). Through a series of expansions, with the latest line added in FY18, the company boasts a production capacity of 3 million tons per annum.
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With the Factory located in Hub, Balochistan, the Company is currently running three manufacturing plants at its facilities.
ACPL has also made investment in a cement grinding unit in Iraq through a joint venture with the Iraq-based Al Geetan Commercial Agencies to form a subsidiary, a limited liability company. Attock Cement holds 60 percent share of the company. The mill has a capacity of 0.9 million tons at a cost of USD 24 million.
