Zarea Limited expands into local coal supply chain

Zarea Limited announced its expansion into the local coal supply chain, a strategic move aimed at bolstering its presence in the industrial fuel market.

The company plans to secure a stable and cost-effective coal supply for industries such as textiles and power generation. Additionally, Zarea is working to streamline logistics and procurement processes to enhance overall efficiency and reduce costs.

This development aligns with Zarea’s strategy to capitalize on increasing demand for domestic energy solutions. The company projects that the expansion will contribute to significant revenue growth, diversification of income streams, and the creation of new market opportunities.

Last month, Zarea Limited raised Rs1.03 billion by selling 62.5 million shares in 2025’s first initial public offering (IPO) at the Pakistan Stock Exchange (PSX). The company stated that the IPO proceeds would be strategically allocated to fuel Zarea’s continued growth.

A considerable portion is earmarked for investment in Agri Biomass, a sector gaining traction as industries shift toward renewable and sustainable energy options.

Moreover, Zarea revealed that 24% of the funds will be used to establish an in-house logistics framework, reducing reliance on third-party providers and enhancing operational efficiency.