Khushab: Pioneer Cement Limited announced the successful completion and energization of a 28.265 MW solar power plant at its manufacturing facility in Chenki, District Khushab, Punjab. The company, in line with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange Regulations, reported the development on November 3, 2026.

The project, originally set at a capacity of 28.265 MW, has been upgraded to 31 MW. The additional capacity is anticipated to be operational within the next month, further enhancing the company's ability to integrate renewable energy sources into its operations.

According to information available from the Pakistan Stock Exchange (PSX), this solar initiative is expected to fulfill approximately 45% of Pioneer Cement Limited's annual power requirements. The shift to solar energy is projected to substantially lower power costs and improve operational efficiency, aligning with the company's profitability and sustainability goals.

This development marks a significant step for Pioneer Cement Limited in its efforts to adopt environmentally sustainable practices while also contributing to its financial health. The integration of solar power is set to play a crucial role in the company's strategic objectives, reflecting a commitment to sustainable growth.