Dynea Pakistan approves 2.5 MW wind power project

Dynea Pakistan Limited (PSX:DYNO) has approved the installation of a 2.5 MW wind power project at Hub, Balochistan, replaced its earlier plan for a 1.1 MW facility in order to achieve improved efficiency and economies of scale.

The decision was taken by the company’s Board of Directors and is subject to obtaining relevant regulatory approvals and finalizing contractual arrangements, according to the company’s statement issued today.

The wind power project is aimed at supporting the company’s long-term sustainability objectives.

Finalization of the EPC agreement and related arrangements is currently in progress.