SICPA Pakistan has completed the installation of a Solar Energy System at its factory in Karachi. With an operating life of 25 years, annual generation of the project is 245 MWH.
This Solar Energy Installation will on average generate 671 KWH daily, meeting 25% of the electrical power demand of SICPA Pakistan by Green Energy. This will reduce the company’s carbon footprint by reducing 148 tons of carbon dioxide every year.
The project was inaugurated by Haroon Rasheed, Managing Director, Pakistan Security Printing Corporation (PSPC), who was joined by Asif Ikram, Managing Director SICPA Pakistan.
“Having access to robust, sustainable and renewable sources of energy like solar power helps our organization greatly by not just improving our energy security and resource availabilities but also significantly reducing our carbon footprint on the planet. We see this as an investment in our future and doing our part to be environmentally sustainable”.
Speaking at the inauguration, Asif Ikram said,
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About SICPA Pakistan:
Founded in 1927 and headquartered in Lausanne, Switzerland, SICPA is an international organization providing secured identification, traceability and authentication solutions and services. SICPA is a joint venture of SICPA SA, Switzerland and Pakistan Security Printing Corporation, incorporated in 1995. The company operates facilities in Karachi for manufacturing security inks for printing of all denominations of currency notes and other value documents, such as, passports, postage stamps and stamp papers, etc and brand protection solutions for protection against counterfeiting, forgery or piracy.
SICPA has offices and factories in all five continents. With around 3,000 staff of over 50 nationalities, the company provides technologies and services in more than 200 countries around the world. The company is organized around two global businesses: security inks solutions (SIS) and government security solutions (GSS). The executive management team of SICPA, together with several group functions, are based in the Lausanne Headquarters.
SIS manufactures high-performance security inks that protect the majority of the world’s banknotes, security documents and value documents from the threats of counterfeiting and fraud.
