CPHL plans to shift to solar power

In a notification sent to PSX on 15/05/2024, Citi Pharma Limited (CPHL) announced that it embraces solar energy, pioneering a sustainable path.

Citi Pharma Limited is proud to announce its shift to solar power, reflecting a commitment to sustainability and environmental responsibility. This transition underscores the company’s dedication to innovation and corporate social responsibility, aligning with core values. Embracing solar energy not only benefits the environment but also offers significant cost savings, with anticipated annual savings exceeding 100 million rupees. The implementation plan involves a phased approach, partnering with reputable solar energy providers to integrate state-of-the-art infrastructure. Stakeholders are invited to join in celebrating this milestone and supporting the company’s sustainability journey, promising a brighter, cleaner future.

CPHL shares were last trading at Rs. 31.45 today.