Nowshera: Cherat Cement Company Limited has announced the approval of a new energy project aimed at enhancing its renewable energy capabilities. On January 16, 2026, the company’s Board of Directors, via a circular resolution, sanctioned the installation of a 25 MW Battery Energy Storage System (BESS) coupled with a 5.4 MW Solar Power plant at its factory site in Nowshera, Khyber Pakhtunkhwa.

The total investment for this project amounts to approximately Rs. 1.85 billion. According to information available from the Pakistan Stock Exchange (PSX), this strategic move is expected to bolster the company’s renewable energy capacity while mitigating the escalating power costs it faces.

Completion of the project is anticipated within six months from its commencement, marking a significant step in the company’s ongoing efforts to integrate sustainable energy solutions into its operations. The Pakistan Stock Exchange has been requested to disseminate this information to the TRE Certificate Holders, reflecting the project’s relevance to stakeholders in the designated market category.