Mughal Energy Ltd.PSX: GEMMEL

36.50 MW hybrid power plant project update

· Issued by Mughal Energy Ltd.


Ref: MEL/MISC/FY 2025 August 13, 2025

The General Manager

Pakistan Stock Exchange Limited Stock Exchange Building

Stock Exchange Road Karachi.

By PUCARS & Courier

SUBJECT: COMPLETION OF HYDRO TESTING - 36.50 MW HYBRID POWER PLANT

Dear Sir,

The Company is pleased to announce that a key milestone in the development of its

36.50 MW Hybrid Power Plant has been successfully achieved with the completion of the hydro testing phase. Hydro testing is a critical step in such projects, serving to verify the mechanical integrity and pressure endurance of pipelines, boilers, and related systems before commencing electrical works. Successful completion of this stage marks significant progress towards the plant's Commercial Operation Date (COD).

The project is now in its final stages leading to COD and the Company remains on track and anticipates the project to come online during the second quarter of FY 2026.

The above is submitted for information of the Exchange.

Yours Sincerely,





For MUGHAL ENERGY LIMITED

MUHAMMAD FAHAD HAFEEZ

(Company Secretary)

CC: The Director (Enforcement Department), SECP Islamabad