Mughal Energy approves installation of 25MW solar power plant

Mughal Energy Limited’s board approved a 25MW solar installation on November 4, according to a Pakistan Stock Exchange filing reported by Profit by Pakistan Today. The facility is intended to supply auxiliary electricity for the company’s existing generation operations. Financing is expected to combine debt and equity, with sponsors and directors also contributing.

The company has not stated the project’s cost, completion date, expected power output or projected savings. The approval follows the commissioning in August 2026 of the 31.50MW turbine at Mughal Energy’s captive hybrid power project, which had completed testing and become ready for commercial billing. Mughal Energy is a subsidiary of Mughal Iron & Steel Industries, whose main business is making and selling mild steel products.