Pakistan launches first green sukuk to cut telecom emissions, modernize energy use
ISLAMABAD: Pakistan on Thursday launched its first green sukuk for the telecom sector and completed a major artificial intelligence-powered battery storage project, in a move aimed at cutting emissions, reducing diesel dependence and modernizing the country’s digital infrastructure.
The sukuk — a Shariah-compliant Islamic bond worth up to Rs3 billion ($10.8 million) — is designed to finance the rollout of low-carbon, AI-enabled energy solutions for thousands of telecom towers across the country. The bond was launched by Infralectric, a subsidiary of Brillanz Group, in partnership with InfraZamin Pakistan.
The launch coincided with the completion of Pakistan’s first 25 megawatt-hour (MWh) Energy Storage-as-a-Service project, which uses Thunder AI technology to optimize power use at telecom sites.
The battery network is expected to reduce diesel consumption by more than 5 million liters a year, cut around 13,500 tons of CO₂ emissions annually — equivalent to planting over 220,000 trees — and improve network uptime across Pakistan’s telecom portfolio.
