BSL — Bhayani Securities (Pvt) Ltd.
PIOC logo

Rs 262.00 ▼ -3.44 (-1.30%)As of close

View PIOC share price

Pioneer Cement Limited: Material Information

Material InformationSTRONGLY POSITIVE

Pioneer Cement Limited has announced the signing of a contract with Pragmatic Engineering Solutions FZE and Sungrow Power Supply Co., Ltd. for the installation of a 15 MW / 30 MWh Battery Energy Storage System (BESS) along with a 10 MW solar installation at its Chenki manufacturing facility.

  • Contract signed for a 15 MW / 30 MWh BESS and 10 MW solar installation.
  • Project aims to enhance grid stability and reduce energy costs by utilizing stored solar energy during peak demand.
  • Scheduled completion date for the project is March 31, 2027.
  • This investment underscores the company's commitment to sustainability and operational excellence.

About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange, per our editorial policy and data methodology. A summary for information, not investment advice — the original filing is the authoritative record.

Trade PIOC with BSL

Act on this filing with live PSX data, research support, and a broker built for it.

Open an account