AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Kohat Textile Mills Limited has entered into a contract with SkyElectric (Pvt.) Limited for the supply and installation of a 3 megawatt (MW) solar power system, enhancing its existing solar capacity to a total of 5.1 MW. This significant expansion is part of the company’s ongoing efforts to increase its reliance on renewable energy sources.
The announcement, issued as per the compliance requirements of the Rule Book of the Pakistan Stock Exchange Limited and the Securities Act of 2015, underscores Kohat Textile Mills’ commitment to sustainable operational practices. The contract marks a substantial addition to the company’s green initiatives, building on its existing 2.1 MW solar infrastructure.
According to information available from the Pakistan Stock Exchange (PSX), this strategic move by Kohat Textile Mills Limited not only advances its sustainability agenda but also positions the company to better manage its energy costs amidst rising electricity prices. The partnership with SkyElectric (Pvt.) Limited, a noted provider in the solar energy sector, ensures that the installation will be conducted with the latest technology aimed at maximizing efficiency and reliability.
This development is set to make Kohat Textile Mills Limited one of the leading textile manufacturers in the region in terms of solar energy capacity, reflecting its dedication to environmental stewardship and operational excellence.