Lahore: Kohinoor Textile Mills Limited announced a new strategic initiative aimed at enhancing its energy infrastructure, according to a report dated August 11, 2026. The Board of Directors of the company has approved the installation of a 48.36 MW Battery Energy Storage System (BESS) along with an additional 9.34 MW solar installation.

The scheduled commencement of commercial operations for both the Solar Power Plant and the BESS is set for the last month of the second quarter of the financial year 2026-27. This development indicates a significant step towards sustainability and operational efficiency for the company.

According to information available from the Pakistan Stock Exchange (PSX), this venture is in full compliance with Sections 96 and 131 of the Securities Act, 2015, and clause 5.6.1(a) of the PSX Regulations. The move aligns with Kohinoor Textile Mills Limited's commitment to operational excellence and long-term value creation for its stakeholders.

The initiative is anticipated to yield significant savings in energy costs, marking a notable move in the designated market category for the company.