Margalla Heavy Industries Limited (MHIL), a military-owned enterprise, has signed an agreement alongside Chinese partners and a Pakistani private investor to set up a proposed $2.25 billion battery Giga-factory. Located in Taxila, Pakistan, the project aims to develop domestic lithium-ion cell production to serve residential, commercial, industrial, and electric mobility markets.

According to the chief executive of the Engineering Development Board (EDB), the facility building is already constructed and machinery has been installed. However, active commercial production remains on hold pending official government approval of a dedicated battery manufacturing policy.

Key Details

Project Investment: $2.25 billion proposed manufacturing project.
Location: Taxila, Pakistan.
Participating Entities: Margalla Heavy Industries Limited (MHIL), Chinese partners, an undisclosed Pakistani private investor, and the Engineering Development Board (EDB).
Market Projections: EDB estimates battery storage demand could reach between 80,000 and 100,000 megawatts by June 2030 depending on economic growth, with 3,000 to 5,000 megawatts required for grid stabilization.
Job Positions: Not specified in the source; please check the official notice.
Salary / Remuneration: Not specified in the source; please check the official notice.
Application Deadline: Not specified in the source; please check the official notice.