BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)
Markets

Masood Textile successfully operationalizes 6.2 MW solar PV capacity, plans to expand to 10 MW

  • Installation of approximately 3.8 MW of additional solar photovoltaic capacity is underway
Published Updated

Masood Textile Mills Limited (MSOT) has successfully commissioned an aggregate solar photovoltaic capacity of 6.2 MW, which is currently operational.

The company informed the Pakistan Stock Exchange today.

The installation of approximately 3.8 MW of additional solar photovoltaic capacity is underway, it said.

READ MORE: From selling solar to storing solar?

“Subject to completion, testing and successful commissioning, the Company’s aggregate operational solar capacity is expected to increase to approximately 10.0 MW.

The initiative forms part of the company’s measures to optimise energy costs, reduce reliance on grid-supplied electricity and advance its sustainability objectives.”

Solar photovoltaic (PV) technology is a clean, cheap, and environmentally friendly method of generating electricity, and it is rapidly emerging as a leading energy source globally and in Pakistan.

The total installed capacity of solar PV panels across Pakistan reached 33 gigawatts by October 2025. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 2.5% from 2022 to 2027.

Meanwhile, MSOT is a public limited company that was set up under the Companies Act, 1913.

The company manufactures and sells cotton/synthetic fibre yarn, knitted /dyed fabrics and garments. All of its manufacturing units are located in Faisalabad, with two liaison offices in Lahore and Karachi.


Comments

200 characters remaining