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PSYL expands capacity, invests in 10MW/20MWh battery system

Mettis Global • • 1 min read

PSYL expands capacity, invests in 10MW/20MWh battery system

Pakistan Synthetics Limited (PSYL) plans to add two plastic-closure manufacturing systems under a supply contract with Italy’s SACMI Imola, Mettis Global reported on November 11, 2026. The company says the additional equipment is intended to address stronger demand for its products.

Separately, PSYL has contracted Pragmatic Engineering Solutions FZE and China’s Sungrow Power Supply to provide a battery energy storage system rated at 10MW/20MWh. It is designed to hold solar power generated during daylight for use during peak-demand periods, lowering reliance on grid electricity and energy costs. Completion is planned by the end of financial year 2027, according to the company’s notification to the exchange.

At a glance

  • PSYL will procure two additional plastic-closure manufacturing systems.
  • A 10MW/20MWh battery project is scheduled to finish by the end of financial year 2027.

Stocks in this story

Sectors:Synthetic & Rayon

Originally reported by Mettis Global

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