Bank Alfalah signed an MoU with Buksh Energy to lead the financial services industry in switching to renewable energy sources, particularly solar power with the aim of “Going Green”.
Bank Alfalah successfully installed a two-kilowatt solar plant converting two of the bank’s ATMs to solar power.The solar plant produces 12KW of energy per day (4.38 megawatts per annum) per ATM converted on solar. The ATMs are connected to the online portal, where energy production is recorded and logged, and can be monitored constantly.
Speaking at the occasion, Bank Alfalah CEO, Atif Bajwa said, “Given the challenging energy shortfall being faced by the country, it is imperative that we each take responsibility and play our part.”