Premium Textile Mills Limited has approved a $4.15 million investment to install a 7.5MW wind turbine, marking another step in its transition toward sustainable and cost-efficient energy.
The publicly listed textile manufacturer, known for producing cotton and polyester yarn, announced the decision through a notice to the Pakistan Stock Exchange (PSX) on Monday. The Board of Directors approved the project via a circular resolution dated November 24, 2025.
“Keeping up with our commitment to sustainable environmental practices, the contribution of renewable energy in the power mix will significantly increase after the completion of this project,” the company stated.
The investment reflects a broader trend in Pakistan, where industries are increasingly shifting toward renewable energy to counter rising electricity tariffs and frequent power interruptions.
Premium Textile Mills already operates 20MW of solar power generation capacity and is in the process of completing an earlier approved 7.5MW wind turbine. The newly approved turbine will double the company’s wind capacity to 15MW.
Once both wind turbines are operational by the last quarter of 2026, the company expects to generate approximately 55.2 GWh annually from wind energy alone, reducing carbon emissions by around 30,000 metric tons per year. Combined solar and wind power will meet roughly 67% of the company’s total energy requirement.
The move follows similar initiatives in the industrial sector. In June, Dynea Pakistan Limited announced plans for a 1.1MW captive wind power project in Hub, Balochistan, underscoring the private sector’s growing reliance on renewable sources.
