Commemorative stamp released for FFC’s pioneering Wind Power Project | Pakistan Today

Commemorative stamp released for FFC’s pioneering Wind Power Project

Fauji Fertilizer Company Limited (FFC) is the largest urea manufacturer in Pakistan. To meet its diversification and environment protection policy, FFC is also pioneering Wind Power Plants in Pakistan. Last month a 50MW wind energy farm (FFC Energy Ltd.) has recently launched commercial operations. On this occasion a ceremony was held in Islamabad, where Pakistan Post released a commemorative postage stamp of Rs.15 denomination, to celebrate the multiple benefits of this Landmark venture. Along with financial progress, FFC Corporate Social Responsibility programs contribute generously in the areas of education, health, disaster relief and environmental protection. The completion of the first wind power project in Pakistan is a significant milestone achieved, as Pakistan stands amongst the progressive nations utilizing this clean and renewable source of energy for electric power generation, with an aim to overcome the energy crisis in the country. The President of Pakistan Mr. Asif Ali Zardari inaugurated the project on 24th of December, 2012. The Managing Director of FFC Lt General R Khalid Naeem Lodhi said;”We are proud and thankful for this acknowledgement of our efforts by the Pakistan Post. The 50 MW wind power project has been developed with the facilitation of Alternative Energy Development Board (AEDB) at Jhimpir, Thatta in Sindh.” According to AEDB, four other projects of 50MW or more are under construction and dozens are being planned. It plans to help produce over 1500 MW of wind power in the next two years. Thatta corridor presents a good wind resource and theoretically over 48,000MW can be generated there. Pakistan has planned o induct clean green renewable and alternative energy in its energy mix, which is currently heavily dependent on polluting fuel oil, which costs over $12 billion in imports. FFC is operating three world scale urea plants with an aggregate capacity of over 2 million metric tons per annum and is rated amongst the top 25 Companies at the Karachi Stock Exchange. In 2011, it made a massive tax contribution of Rs. 28,081 million.



Related posts

Top