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Reon Energy Ltd.

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Coordinates: 24°50′45″N 67°01′23″E / 24.8459°N 67.0231°E / 24.8459; 67.0231

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Reon Energy Ltd.
Logo of Reon Energy
ISIN🆔
IndustryRenewable Energy
Founded 📆September 2015 in Karachi, Pakistan
Founder 👔Dawood Lawrencepur Limited
Headquarters 🏙️,
Karachi
,
Pakistan
Area served 🗺️
Pakistan and Qatar
Key people
Shahid Hamid Pracha (Chairman), Mujtaba Haider Khan (CEO)
Members
Number of employees
200 (2021)
ParentDawood Lawrencepur Limited
🌐 Websitereonenergy.com
📇 Address
📞 telephone

Reon Energy Limited (Reon) is a publicly unlisted renewable energy company headquartered in Karachi, Pakistan. The company, with regional offices in Lahore, Faisalabad and Islamabad specialises in solar energy and storage services.[1][2]

Reon operates in solar power, energy storage, energy digitisation and telecom energy infrastructure. It has developed a digital energy management system which uses artificial intelligence for predictive analysis and forecasting tools to enhance plant visibility and performance. All Reon Energy’s projects combined have the capacity over 150 megawatts (MW) (September 2021).

Reon is through common directorship associated with Dawood Hercules Corporation.[3]

History[edit]

In 2012, the parental organisation Dawood Lawrencepur, an initially textile-oriented company, has been selling off all its units and changed its business-focus entirely towards alternative energy. The company formed two wholly owned subsidiaries - Reon Energy Limited and Tenaga Generasi Limited.[2]

At the beginning of Reon, it worked in various ways to provide renewable energy solutions, such as solar lanterns, biogas[4], solar tube wells,[5] etc. In 2015 the company redefined its strategy and focused on becoming a major industrial solar energy player.

Installations[edit]

A solar panel installation of Reon Energy at Sindh Industrial & Trading Estate area, Karachi

The company launched several energy projects in Pakistan, such as:

References[edit]

  1. "Application for Generation Licence for 3,064 kWp (DC) Solar Power Plant" (PDF). National Electric Power Regulatory Authority (NEPRA). 7 August 2019. Retrieved 14 September 2021.
  2. 2.0 2.1 "Dawood Lawrencepur Limited". Business Recorder. 3 September 2015. Retrieved 14 September 2021.
  3. "Annual Report 2020" (PDF). Dawood Hercules Corporation Limited. Retrieved 19 September 2021.
  4. Muhammad Ghaffar Doggar; Farah Alvi (December 2015). "Renewable Energy Usage for Operation of Agriculture Tubewells: Financial Analysis of Biogas and Diesel Tubewells" (PDF). International Journal of Renewable Energy Technology Research. 4 (6): 42. ISSN 2325-3924. Retrieved 19 September 2021.
  5. Hasan, Saad (15 July 2015). "Solar power: Dawood Group's Reon eyes tube-well project". The Express Tribune. Retrieved 14 September 2021.
  6. Imaduddin (23 Feb 2016). "Tanveer inaugurates 1MW solar power project at Wah Nobel Chemicals". Buinsess Recorder. Retrieved 14 September 2021.
  7. Anonymous (16 December 2015). "RE Freeze Stuns Market". Engineering Review. 40 (24): 16-18. Retrieved 19 September 2021.
  8. "State Bank of Pakistan and Unilever Pakistan join hands to promote Renewable Energy" (PDF). State Bank of Pakistan. 4 May 2021. Retrieved 14 September 2021.
  9. "Pakistan's Kohinoor Textile Mills Change To 6 Mw Solar Power With Reon Energy". TexIntel. Retrieved 14 September 2021.
  10. Osmotherly, Kieron (30 October 2018). "Reon Energy leverages solar to improve the efficiency and reliability of Pakistan's cell sites". TowerXchange. Retrieved 14 September 2021.
  11. "10MW solar project starts in Bhit Shah". Dawn. 23 November 2019. Retrieved 14 September 2021.
  12. "Reon energises 12.5MW solar project". The Nation. 25 June 2019. Retrieved 14 September 2021.
  13. Thomas, Emily (1 July 2021). "Bestway Cement and Reon Energy commission 14.3 MW solar power unit". World Cement. Retrieved 14 September 2021.
  14. Naqvi, Kaleem (1 July 2021). "Reon Energy Announces Commissioning Of 14.3MW Solar Power Project At BCL Farooqia Plant". Technology Times. Retrieved 19 September 2021.
  15. Kenning, Tom (22 February 2018). "Coal firm plans Pakistan's largest industrial solar project". Solar Media Limited. Retrieved 14 September 2021.
  16. "Reon completes solar power project". The News International. 23 February 2021. Retrieved 14 September 2021.
  17. Hanif, Usman (7 July 2019). "Changing dynamics give birth to IT tower business". Express Tribune. Retrieved 14 September 2021.

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