Pakistan: Pioneer Cement has approved the development of a 28.3MW solar power plant at its manufacturing facility in Chenki, Jauharabad, Punjab. The project will be financed entirely through the company's internal cash reserves, and aims to commence commercial operations by the end of 2026. The solar power plant is expected to reduce the company’s dependency on the national grid, which constitutes approximately 20% of the company's power mix. The total capital expenditure for the solar project is anticipated to be around US$9m.


