Kohinoor Textile Mills Moves Ahead With Major Solar and Energy Storage Investment
Kohinoor Textile Mills Limited (KTML) has approved the installation of a 48.36 MW Battery Energy Storage System (BESS) along with an additional 9.34 MW solar power installation, marking a significant step in the company’s efforts to improve energy efficiency and reduce power costs.
According to material information submitted to the Pakistan Stock Exchange, the company’s Board of Directors approved the investment as part of its broader strategy to strengthen operational efficiency and create long-term value for stakeholders.
The company said the solar power plant and BESS are expected to be commissioned and begin commercial operations during the last month of the second quarter of financial year 2026-27.
The planned battery storage system is expected to complement the company’s solar generation by improving the utilization of renewable energy. For an energy-intensive textile manufacturer, greater reliance on internally generated and stored power could help reduce exposure to rising electricity costs and improve overall energy management.
KTML described the investment as part of its continued commitment to operational excellence, sustainability and long-term value creation for its stakeholders. The company also expects the project to generate significant savings in energy costs.
The move comes as industrial companies increasingly look toward renewable energy and energy-storage solutions to manage electricity expenses and improve the reliability of their power supply.
With the planned 48.36 MW BESS and additional 9.34 MW solar capacity, Kohinoor Textile Mills is positioning itself to make greater use of renewable energy while potentially lowering its long-term energy burden.
The company has advised the TRE Certificate Holders of the Pakistan Stock Exchange regarding the development through its material information disclosure.
