Sitara Chemical Industries Limited has announced the successful commencement of commercial operations at its 50MW coal-fired power plant, marking a significant milestone in the company’s energy infrastructure development. The company disclosed the development to the Pakistan Stock Exchange (PSX) through a material information notice dated May 4, 2026.
According to the notification, the Commercial Operation Date (COD) of the power facility was officially achieved on May 4, 2026, following the successful completion of testing and commissioning activities. The company stated that the plant is now fully operational and capable of sustaining commercial operations.
The commissioning of the 50MW power plant is expected to strengthen Sitara Chemical’s operational capabilities by ensuring a reliable energy supply for its industrial activities. The achievement reflects the company’s efforts to enhance energy security and operational efficiency while supporting its long-term growth strategy.
In its communication to the exchange, Sitara Chemical requested that the information be disseminated to market participants in accordance with applicable regulatory requirements under the Securities Act, 2015, and the Pakistan Stock Exchange regulations.
The successful launch of the power plant represents a key operational development for Sitara Chemical and underscores the company’s commitment to expanding its industrial infrastructure and supporting future business growth.
