Saif Textile Mills signs contract for 10 MW solar power system

MG News | September 04, 2025 at 10:47 AM GMT+05:00

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September 04, 2025 (MLN): Saif Textile Mills Limited (PSX:SAIF) has shared that it has entered into an agreement with SkyElectric (Private) Limited for the supply and installation of a 10-megawatt solar power system, according to the company’s filing on PSX today.

The company stated that once the solar power system becomes fully operational, it is expected to significantly reduce energy costs, which would in turn have a positive impact on the profitability of the company.

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