Empowering MSMEs with News & Insights

Pak SMEs save Rs 6 crore by energy efficiency

Updated: Apr 27, 2013 03:09:22pm

New Delhi, Apr 27 (KNN)  Small and medium sized enterprises (SMEs) in Pakistan mostly from textile sector saved about Rs 6 crore in one year, thanks to an energy saving project being implemented by a German outfit.


These measures were adapted by 22 companies since the beginning of 2012 which saved on an average nine per cent of their energy costs, according to report published in Pakistan media.


Under the project ‘ESPIRE’, a cooperation project of bfzgGmbH (Germany) Pakistani business associations and small and medium enterprises development authority (Smeda), the energy saving measures were implemented.


The participating factories from Karachi, Lahore, Faisalabad and Sialkot together saved energy savings that equal a production capacity of around three megawatts and are worth more than Rs 61 million per year.


Under the project, the consultants were assigned to help companies to identify where energy is wasted and support them to reduce the wastages. Also, the factory staffs were trained to identify the energy wastages.


The achieved savings were monitored for six months.


Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has established a technical support cell with help of bfzgGmbH to provide services related to environment, energy and production efficiency with latest measurement equipment and trained staff, said PHMA Chairman in a Pakistani media report.


Project 'ESPIRE' was started by the vocational training and development centres of the Bavarian Employers’ Association (bfz) gGmbH and is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ). (KNN)


    Be first to give your comments.


Required fields are marked *