Karachi: Premium Textile Mills Limited (PSX: PRET), one of Pakistan’s leading yarn manufacturers, has approved a $4.15 million investment to install a 7.5-megawatt wind turbine, the company informed the Pakistan Stock Exchange on Monday.
The decision was taken through a circular resolution by the Board of Directors on November 24, 2025. The new turbine will substantially boost the renewable share in the company’s energy mix and reduce reliance on grid electricity amid soaring power tariffs.
“Keeping up with our commitment towards sustainable environment practices, the contribution of renewable energy in the power mix will significantly increase after the completion of the above-mentioned project, the filing stated. The project is the latest addition to Premium Textile’s ongoing efforts to adopt cleaner energy sources and lower its carbon footprint in an energy-intensive industry.