KARACHI: Cherat Packaging Limited has announced the commissioning of a new solar power plant with a capacity of 2.7 megawatts at its facility in Gadoon Amazai, Khyber Pakhtunkhwa. This development, dated June 10, 2026, marks the latest addition to the company's renewable energy initiatives, supplementing an existing 1 megawatt solar power installation at the same site.

The company anticipates that the new solar power plant will lead to significant cost savings while enhancing its environmental sustainability efforts by utilizing clean and renewable energy sources. The strategic move aligns with growing industry trends toward reducing carbon footprints and promoting green energy solutions.

According to information available from the Pakistan Stock Exchange (PSX), this update is intended to be shared with the TRE Certificate Holders, reflecting Cherat Packaging Limited's commitment to transparency and stakeholder engagement. The addition of this solar capacity is a step towards increasing the company's energy independence and operational efficiency.

Cherat Packaging Limited's initiative is in line with the broader designated market category goals of advancing renewable energy projects and reducing reliance on non-renewable energy sources.