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Cherat Cement Company Limited announced an investment of Rs. 1.85 billion for a 25 MW Battery Energy Storage System and a 5.4 MW solar power plant at its Nowshera facility in Khyber Pakhtunkhwa. The project, approved by the Board of Directors, is expected to complete within six months.

This investment follows the commissioning of a 6.065 MW solar plant at the same location last year and aims to reduce rising electricity costs. Pakistan is experiencing a shift towards solar energy, with an installed capacity of 33 gigawatts in solar PV panels, prompting many companies to adopt renewable sources.