Lotte Chemical Pakistan switches on 6.5MW captive solar plant to cut grid costs and emissions

Lotte Chemical Pakistan has commissioned a 6.5MW solar power plant at its facility, aiming to reduce reliance on expensive grid electricity and lower operating costs. The company disclosed the project in a stock exchange filing on July 10, 2026, calling it a step toward zero cost electricity consumption. The plant is expected to shrink the company's carbon footprint and support long term competitiveness. The announcement did not include details on investment cost, expected annual generation, site location, contractor, or estimated savings. The project was disclosed under Pakistan's Securities Act and stock exchange rules. It adds to a growing list of industrial solar installations in Pakistan as manufacturers seek to cut energy expenses and emissions.