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Mughal Energy commissions 31.5MW captive hybrid power turbine

Business Recorder • • 1 min read

Mughal Energy commissions 31.5MW captive hybrid power turbine

Mughal Energy Limited (MEL), a subsidiary of Mughal Iron & Steel Industries, has brought its main 31.50 MW turbine into operation as part of a captive hybrid power plant. According to Business Recorder, the company informed the Pakistan Stock Exchange of the development on Monday. The milestone concerns the generating unit at the heart of that project.

The company said it had reached its Commercial Operation Date after completing all required testing and commissioning work. With that milestone achieved, the plant is now ready for commercial billing.

The parent was incorporated in Pakistan on February 16, 2010, under the former Companies Ordinance, 1984. Although it has interests in both ferrous and non-ferrous businesses, its main activity is making and selling mild steel products.

At a glance

  • The subsidiary has brought its 31.50 MW main turbine online for a captive hybrid plant.
  • The plant has reached its Commercial Operation Date and can now begin commercial billing.
  • The disclosure was made to the Pakistan Stock Exchange on Monday.

Stocks in this story

Sectors:Power Generation & DistributionEngineering

Originally reported by Business Recorder

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