Karachi April 17 2022: Engro Energy Limited has signed a Letter of Intent (LoI) with EPCL for conducting a bankable feasibility study for the development of 70 MW hybrid wind and solar-based renewable power from its RE Park and 75 t/h steam for their petrochemical facility at Port Qasim.
This will help in continuity of company petrochemical plant operations in a time when country is facing acute gas crisis and relying heavily on imported RLNG to meet energy requirements.
Engro Polymer and Chemicals Limited was incorporated in Pakistan in 1997 under the repealed Companies Ordinance, 1984 (now the Companies Act, 2017). The Company is a subsidiary of Engro Corporation Limited, which is a subsidiary of Dawood Hercules Corporation Limited. The Company’s principal activity is to manufacture, market and sell Poly Vinyl Chloride (PVC), Vinyl Chloride Monomer (VCM), Caustic soda and other related chemicals. The Company is also engaged in the supply of surplus power generated from its power plants to Engro Fertilizers Limited.
