The Organic Meat Company Limited (TOMCL) has announced the approval of a green energy initiative aimed at enhancing sustainability and reducing energy costs.
- The initiative includes the installation of a 2 MW Solar Photovoltaic (PV) power system and a 5 MWh Battery Energy Storage System (BESS) at the Gadap factory.
- This project will be financed through a five-year Ijarah arrangement, with ownership of the assets transferring to TOMCL post-term for a nominal fee.
- The initiative is part of TOMCL's broader strategy to reduce reliance on diesel and grid electricity, aiming to lower energy costs and minimize carbon emissions.
- The expected impact includes significant long-term cost efficiencies and a reduction in Scope 2 greenhouse gas emissions.