Engro Energy Limited has signed a Memorandum of Understanding (MoU) with @naveenasteel to provide 40 MW Renewable Energy based power solution. This power demand will be served through Engro's Renewable Energy Park via a dedicated transmission line to their Port Qasim facility.

As a way forward, Engro Energy Limited will be engaged with the technical team of Naveena Steel for the detailed load study and firming up of the initially proposed energy solution leading to signing of term sheet for EPA.