Mughal Energy's hybrid power plant achieves Commercial Operation Date

Mughal Energy Limited (MEL), a subsidiary of Mughal Iron & Steel Industries Limited, has reached its Commercial Operation Date (COD), Mettis Global reported. The milestone follows the commissioning of the principal 31.50MW turbine at the company's captive hybrid power plant project. The company said the plant can now move into commercial billing.

The company stated that the milestone came after all required testing and commissioning work had been completed. Details were passed to the Exchange through a notification, in line with regulatory obligations. Mettis Global's report presents the update as a formal disclosure rather than a financial figure, as no revenue or cost numbers were given. The text does not give a billing start date.