Lahore: Nishat Mills Limited has revealed plans for a significant renewable energy initiative, as outlined in their latest disclosure dated September 23, 2026. The company has entered into an agreement with EBR Energy Pakistan (Pvt.) Limited, Sungrow Power Supply Co. Ltd. from China, and Pragmatic Engineering Solutions FZE for the development of a 20MW PV solar power plant alongside a 35MWH Battery Energy Storage System (BESS).

The new infrastructure will be installed at their facilities on the Bekhi and Ferozwatwan Sheikhpura-Faisalabad Road. According to information available from the Pakistan Stock Exchange (PSX), this venture marks a strategic move by Nishat Mills Limited to enhance its energy efficiency and sustainability credentials. The project is anticipated to commence power generation by March 2027.

This disclosure aligns with the requirements set forth by the Rule Book of Pakistan Stock Exchange Limited and the applicable provisions of the Securities Act, 2015. Nishat Mills Limited, with its registered address at 53-A, Lawrence Road, Lahore, is looking to inform stakeholders and members of the exchange about this development as per regulatory obligations.

For further inquiries, stakeholders can contact Mr. Khalid Mahmood Chohan, the Company Secretary, via the provided telephone and fax numbers. This initiative is expected to bolster the company's position in the designated market category, reflecting a commitment to innovation and sustainable energy solutions.