Metro Cash & Carry Pakistan has entered into a long term Power Purchase Agreement (PPA) with Shams Power to install and operate solar power plant at their stores all over Pakistan. Under this agreement Shams power will operate approximately 5MW of solar power systems allowing METRO Pakistan to save 2,639 tons of CO2 every year.
METRO has successfully adopted its Sustainable Vision both globally and in Pakistan as part of the Sustainable Development Goals, specifically SDG #7 i.e. Affordable and Clean Energy. In the recently concluded phase, the work at METRO Model Town store in Lahore and METRO Safari Park Store in Karachi has been completed, whereas deployments at the remaining 7 stores is ongoing, and is scheduled to be completed within the next few months.
Shams Power is one of Pakistan’s leading solar energy company, offering solar power on a Build Operate Own and Transfer (BOOT) model and holds a NEPRA issued Distributed Generation License for all its PPA sites.
— X — X — X —
About METRO Cash & Carry:
METRO is a leading international wholesale company with food and non-food assortments that specializes on serving the needs of hotels, restaurants and caterers (HoReCa) as well as independent traders. Around the world, METRO has some 24 million customers. METRO in addition also supports the competitiveness of entrepreneurs and own businesses with digital solutions and thereby contributes to cultural diversity in retail and hospitality. Sustainability is a key pillar of METRO’s business. METRO has been the sector leader in the Dow Jones Sustainability Index for the last four years. The company operates in 35 countries and employs more than 150,000 people worldwide.