Kohat Cement Company Limited (KOHC) has clarified that no court order has been issued to halt its proposed coal-fired captive power plant project, dismissing reports suggesting legal restrictions on the development. The clarification was issued through a notice to the Pakistan Stock Exchange (PSX) to address market speculation and reassure investors.
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The company stated that the project continues to proceed in accordance with applicable legal and regulatory requirements. It emphasised that no judicial directive has been received that prevents construction or implementation of the power facility, and that all relevant approvals are being pursued through the appropriate regulatory channels.
Kohat Cement explained that the captive power plant forms part of its long-term strategy to improve operational efficiency, reduce energy costs and ensure a reliable electricity supply for its manufacturing operations. Rising energy prices and power supply challenges have encouraged several industrial companies to invest in captive generation facilities to enhance productivity and cost competitiveness.
The company reaffirmed its commitment to environmental compliance and sustainable industrial development, noting that all project activities will adhere to the applicable environmental and regulatory framework. It also reiterated its policy of maintaining transparency by promptly informing shareholders of any material developments.
Industry experts believe captive power projects have become increasingly important for Pakistan’s manufacturing sector as companies seek greater energy security and improved operational resilience. Such investments are expected to support production efficiency while reducing dependence on external electricity sources.
The clarification is expected to provide reassurance to investors by confirming that the project remains on track and that there are no legal impediments affecting its implementation.
