KARACHI: International Steels Limited (ISL), a subsidiary of International Industries Limited, has successfully completed and commissioned a 6.4-megawatt solar power project at its manufacturing facility in Karachi, marking a significant step in the company’s move toward sustainable energy.
In an official statement to the Pakistan Stock Exchange (PSX) released on Friday, the listed steel producer confirmed that the solar installation is now fully operational.
“We are pleased to inform you that the 6.4MW solar power project at our Karachi factory has been successfully completed and is now fully operational,” the company announced.
“This initiative aligns with International Steels Limited’s long-term sustainability strategy, reinforcing our commitment to energy efficiency, environmental responsibility, and cost optimisation.”
Founded on September 3, 2007, as an unlisted public company, ISL specializes in the production of cold rolled, galvanized, and color-coated steel coils and sheets.
The implementation of the solar project is part of the company’s broader vision to cut operational expenses and shrink its carbon footprint.
Expanding into Europe
In another strategic development, ISL recently established a subsidiary in Ireland, aiming to expand its footprint in European steel markets. The company views this move as a key component of its export diversification strategy.
Solar Energy Gaining Momentum in Pakistan
The announcement comes amid a wider shift toward renewable energy in Pakistan, particularly solar power, which is gaining traction across residential, industrial, and commercial sectors.
Read More: Lucky Cement Completes Wind Power Plant in Karachi
With electricity demand largely unchanged, this surge in solar adoption has presented new challenges for grid planners and policy-makers, who are now evaluating the long-term implications for the country’s energy infrastructure.
Still, a growing number of industrial players are investing in self-generation through solar to reduce energy costs and ensure power reliability.
In March, Tariq Corporation Limited (TCORP), a sugar manufacturer, unveiled plans to install a 200-kilowatt solar system at its site.
Similarly, in February, Olympia Mills Limited announced the development of a 500-kilowatt off-grid solar power setup.
Also Read: Syngenta Pakistan Adopts Solar Energy for Sustainable Operations
According to recent figures shared with the Economic Coordination Committee (ECC), Pakistan’s installed solar capacity has seen a significant rise — from 321MW in 2021 to 4,124MW by December 2024 — underscoring the nation’s growing reliance on alternative energy sources.
ISL’s 6.4MW installation adds to this upward trend and reflects a broader private-sector commitment to sustainable energy solutions amidst rising power costs and environmental concerns.
