Gul Ahmed Textile Mills approves 43.75-acre land acquisition, 13.5 MW renewable energy projects

Gul Ahmed Textile Mills’ board approved the purchase of five industrial plots covering 43.75 acres at SITE, Nooriabad, and new renewable energy installations, Profit by Pakistan Today reported. The plans include a 7.5 MW wind turbine, solar capacity of up to 6 MW and a 20 MWh battery storage system. The board approved the transactions at its October 24, 2026 meeting.

The land purchases still require due diligence and completion of corporate, regulatory and legal steps. Gul Ahmed also reported that it had completed an earlier purchase of Plot A-44 in the same industrial area, first disclosed on November 20, 2025. The company did not disclose the value of the proposed land purchases or energy projects.