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Kohinoor Energy, Chinese firm plan battery manufacturing in Pakistan

Kohinoor Energy Limited (KEL), an Independent Power Producer in the energy sector, and China’s Hebei Juhang Energy Technology Group have signed a non-binding memorandum of understanding to explore a joint venture in Pakistan for the assembly and manufacturing of lithium-ion battery packs and battery energy storage systems. The company disclosed the development in a notice to the Pakistan Stock…

Kohinoor Energy, Chinese firm plan battery manufacturing in Pakistan

Kohinoor Energy Limited, an independent power producer in Pakistan, and China's Hebei Juhang Energy Technology Group have signed a memorandum of understanding to explore a potential joint venture for battery manufacturing in the country. The companies announced the non-binding agreement on October 1, 2026, to consider assembling and producing lithium-ion batteries and energy storage systems in Pakistan.

Kohinoor Energy maintains a 124 MW power plant in Lahore, which sells electricity to a single customer, the Water and Power Development Authority. The project is currently planned in phases, starting with an annual capacity of roughly 50-100 MWh, expanding to 300-500 MWh, and eventually reaching 700-1,000 MWh depending on market demand, business performance, and agreed conditions.

Pakistan's demand for lithium-ion battery packs and battery energy storage systems (BESS) is growing rapidly, with imports expected to reach 8.75 GWh by 2030. In July 2026, lithium battery imports hit a record high of $88 million, driven by high electricity costs, falling solar prices, and changes to the net billing framework.

Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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