Kohinoor Textile Mills Embraces Renewable Energy with 7.2 MW Solar Power System

In line with the increasing adoption of renewable energy within Pakistan’s industrial sector, Kohinoor Textile Mills Limited (KTML) is setting up a 7.2-megawatt solar power facility. This initiative underscores the company’s dedication to environmentally conscious practices and enhanced cost management.

The publicly traded firm communicated this advancement in an official notification to the Pakistan Stock Exchange (PSX).

“The Board of Directors is pleased to announce that the company, as part of its dedication to sustainable energy solutions and a targeted approach to operational effectiveness, is in the process of implementing a 7.2MW solar renewable energy system,” the notice stated.

The management anticipates that by the close of the first quarter ending September 30, 2025, KTML will meet over 20% of its operational energy demands through renewable sources.

“This transition is expected to generate significant cost efficiencies and decrease the nation’s reliance on imported fuels,” the notification further explained.

Kohinoor Mills Limited, established on December 21, 1987, under the Companies Ordinance, 1984 (now the Companies Act, 2017), specializes in textile manufacturing and electricity generation and supply.

At the time of this announcement, KTML shares were trading at Rs81.15, marking an increase of Rs7.38 or 10%.

Across Pakistan, there is an observable increase in the use of alternative energy sources, particularly solar power, which has gained considerable traction in both residential and commercial sectors.

This growing trend presents challenges for policymakers concerning its effects on the national grid and the broader energy landscape, especially as electricity consumption remains relatively stable.

Nevertheless, various projects have been launched to leverage this relatively economical energy source.

Last month, J.K. Spinning Mills Limited revealed its plans to add 7MW of solar capacity as part of its corporate strategy.

Dewan Cement Limited has successfully put into operation a 6 MW solar power system at its production site in Karachi.

In May, International Steels Limited (ISL), a subsidiary of International Industries Limited, finalized and began operations of a 6.4-megawatt (MW) solar power project at its Karachi factory.

In March, Tariq Corporation Limited (TCORP), which manufactures sugar and related products, announced intentions to establish a 200KW solar power system at its facility.