Nishat Mills Limited (Urdu pronunciation: [niːˈʃaːt] nee-SHAHT) is a Pakistani textile company based in Lahore.
[8] In January 2023, Nishat acquired Wernerfelt A/S, a company based in Denmark, from Lars Lauridsen Holding ApS.
[12] The power plant, supplied by Wärtsilä, is located near Kasur District in Punjab and operates using residual furnace oil, with a gross generation capacity of 200 MW.
[13][14] For the first five years, the operation and maintenance of the plant were handled by Wärtsilä, which later trained local staff to manage it in-house.
[13] The original PPA was signed by the Government of Pakistan with the sovereign guarantee and it offered 15 percent return on equity with United States dollar indexation.