EnergyQuick read

Nishat Mills signs deal for 20MW solar plant, 35MWh battery storage

Mettis Global • • 1 min read

Nishat Mills signs deal for 20MW solar plant, 35MWh battery storage

Nishat Mills Limited has inked a deal with three firms for a 20MW photovoltaic solar plant and a 35MWh battery energy storage system, Mettis Global reported. The counterparties are EBR Energy Pakistan (Pvt.) Limited, Sungrow Power Supply Co. Ltd. of China, and Pragmatic Engineering Solutions FZE. Under the arrangement, the trio will handle the supply and erection of the equipment at the company's facilities in Bekhi and Ferozwatwan, along the Sheikhpura-Faisalabad Road.

The project is expected to begin generating power in March 2027, according to the company's disclosure. The company conveyed details of the agreement to the Exchange through a formal notification. The solar plant and the battery system are both being built at the same two sites, Bekhi and Ferozwatwan.

At a glance

  • Nishat Mills signed an agreement for a 20MW solar plant and a 35MWh battery storage system.
  • EBR Energy Pakistan, Sungrow Power Supply and Pragmatic Engineering Solutions are the counterparties.
  • Power generation from the project is expected to start in March 2027.

Stocks in this story

Sectors:Textile Composite

Originally reported by Mettis Global

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings