Gul Ahmed secures SITE land, approves more plots, energy projects

Gul Ahmed Textile Mills (GATM) has completed its purchase of Plot A-44 at SITE Nooriabad and approved buying five additional plots there. Mettis Global reported that the board made the further purchase decision at its October 24, 2026 meeting, subject to due diligence and required legal, regulatory and corporate steps. The five plots cover 12, 18, 4, 8 and 1.75 acres.

The board also cleared three energy installations: a 7.5MW wind turbine, a solar plant with capacity of up to 6MW, and a 20MWh battery storage system. The wind turbine and storage system are to be supplied through Orient Energy Systems, while the solar panels are from JinkoSolar and local work is assigned to A2Z Energy Systems. The notice authorises the chief executive, or two designated officers acting together, to complete the transactions and related formalities.