Karachi: Premium Textile Mills Limited has announced the approval of a new sustainable energy initiative, as its Board of Directors confirmed the purchase of a 7.5 MW wind turbine through a Circular Resolution dated November 24, 2025. This decision aligns with the company's ongoing commitment to enhancing its renewable energy footprint.

The addition of the wind turbine is set to increase Premium Textile Mills' total wind power capacity to 15 MW, supplementing the 20 MW of operational solar power generation capacity currently in place. The company expects the new turbine to be installed and commissioned in the last quarter of 2026.

According to information available from the Pakistan Stock Exchange (PSX), this development is expected to significantly bolster the company's energy sustainability. It is projected that the wind energy initiative will generate approximately 55.2 GWh annually and will contribute to the reduction of carbon emissions by 30,000 metric tons per year. This strategic move will allow Premium Textile Mills to cover nearly 67% of its energy requirement through a combination of solar and wind power.

The project underscores the company's strategic focus on integrating renewable energy sources into its operations. The company continues to adhere to the regulations set forth by Sections 96 and 131 of the Securities Act, 2015, ensuring transparency and compliance in its operational disclosures.