Karachi: Sitara Chemical Industries Limited has announced the successful commencement of operations for its 50 megawatt coal-fired power plant. The company confirmed that the facility achieved its Commercial Operation Date (COD) on May 4, 2026, marking the completion of crucial testing and commissioning activities.

This development allows the plant to operate fully, contributing to Sitara Chemical’s operational capacity. The company’s regulatory filing was made in accordance with Sections 96 and 131 of the Securities Act, 2015, and adheres to Clause 5.6.1(a) of the Pakistan Stock Exchange Limited’s Rule Book.

According to information available from the Pakistan Stock Exchange (PSX), the plant’s operational status is expected to impact the designated market category positively. The company’s communication also included a request for the TRE Certificate Holders of the Exchange to be informed of this update.

The completion of this energy project is a significant milestone for Sitara Chemical Industries Limited, allowing it to enhance its capabilities and further solidify its position within the energy sector.