PAKISTAN
In a strategic push toward sustainability and cost-efficiency, Bunny’s officially informed the Pakistan Stock Exchange (PSX) that it has successfully launched the first phase of its renewable energy initiative by installing solar panels with a capacity of 200 KVA.
According to the company’s disclosure under the Securities Act, 2015, this move is expected to reduce electricity bills by approximately 15%. In the second phase, the company plans to scale up solar production to 1 MW, which is projected to bring total energy cost savings to nearly 50%.
As part of its green transition, Bunny’s has also started using biogas, which is 30% cheaper than conventional fuels such as Sui gas, LPG, and LNG.
The company’s management expressed optimism that these cost optimization measures will enhance profitability and reduce production costs, strengthening the firm’s financial health.
The notice encouraged the PSX to inform all TRE Certificate Holders of the development. – ER NEWS DESK
