Pakistan launches first green sukuk to cut telecom emissions, modernize energy use

A foreign currency dealer counts US dollar notes at a shop in Karachi, Pakistan, on January 11, 2022. (AFP/File)
Short Url
Updated 26 September 2025
Follow

Pakistan launches first green sukuk to cut telecom emissions, modernize energy use

  • Landmark initiative aims to slash 13,500 tons of CO₂ annually and save 5 million liters of diesel
  • AI-powered battery project to boost telecom tower uptime, accelerate Pakistan’s digital transition

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.

“Today is a historic moment for Pakistan’s digital and energy future,” Bilal Qureshi, CEO of Brillanz Group, said in a statement. 

“With Thunder AI-powered ESaaS and the launch of the first Green Sukuk for telecom, we’re proving that innovation and sustainability can drive growth together. At Brillanz, we remain committed to continuing to invest in solutions that deliver lasting impact.”

Government officials hailed the announcement as a milestone in Pakistan’s climate and digital transition efforts.

“Today is indeed a historic day for Pakistan,” said Fahd Haroon, Minister of State and Special Assistant to the Prime Minister on Digital Media, adding that the two initiatives showed how innovation and collaboration could modernize thousands of telecom towers, cut carbon emissions, and create scalable green investments.

Maheen Rahman, CEO of InfraZamin Pakistan, said the partnership underscored the potential of Islamic finance to accelerate the shift to sustainable infrastructure.

“Infralectric are a prime candidate for the Sukuk market,” Rahman said.

“We are keen to explore mechanisms to enable an Infralectric Green Sukuk, which would mark a pivotal step in unlocking sustainable finance for Pakistan’s telecom sector. Such initiatives modernize critical digital infrastructure and also contribute to Pakistan’s decarbonization and long-term economic resilience.”


Pakistan says it seized 32 square kilometers inside Afghanistan as border clashes escalate

Updated 28 February 2026
Follow

Pakistan says it seized 32 square kilometers inside Afghanistan as border clashes escalate

  • Security official describes ‘limited tactical action’ in Gudwana after Afghan assaults
  • Islamabad accuses Kabul of sheltering militants as UN, China and Russia urge restraint

ISLAMABAD: Pakistan has seized a 32-square-kilometer area inside Afghanistan following overnight fighting, a security official said on Saturday, as cross-border clashes between the two countries escalated sharply.

A Pakistani security official, speaking on condition of anonymity, said troops carried out a “limited tactical action” in the Gudwana area opposite the Zhob sector along the frontier, capturing Afghan territory after responding to attacks on Pakistani positions.

“On the night of Feb. 26/27, posts opposite the Zhob sector launched anticipated physical attacks on multiple Pakistani positions,” the official said, referring to fighters linked to Afghanistan’s Taliban authorities, whom Islamabad identifies as Tehreek-e-Taliban Afghanistan (TTA).

“In response to aggressive unprovoked fire and physical attacks, Pakistan security forces launched a limited tactical action on the night of Feb. 27/28 in the general area of Gudwana with a view to capture TTA Tahir Post,” he continued, adding that 32 square kilometers of Afghan territory were seized.

The official said special combat teams crossed the border after preparatory bombardment, supported by intelligence, surveillance and reconnaissance assets providing “real-time battlefield awareness.”

He said 24 Afghan Taliban fighters were killed and 37 wounded, with no Pakistani casualties reported.

The claims could not be independently verified, and there was no immediate confirmation from Taliban authorities in Kabul of any territorial loss in the Gudwana area.

The latest clashes erupted after Pakistani airstrikes targeted what Islamabad described as militant hideouts inside Afghanistan over the weekend, triggering retaliatory fire along the frontier and sharply escalating long-running tensions. Islamabad accuses Kabul of sheltering Pakistani Taliban militants responsible for attacks inside Pakistan, an allegation that Afghanistan denies.

Pakistan’s Information Minister Attaullah Tarar said on Saturday evening that 352 Afghan Taliban fighters had been killed and more than 535 wounded since the latest phase of hostilities began.

Tarar said Pakistani strikes had destroyed 130 check posts, 171 tanks and armored vehicles and targeted 41 locations across Afghanistan by air. Those figures could not be independently verified.

The United Nations, as well as China and Russia, have called for restraint.

The United States said Pakistan has the right to defend itself against cross-border militancy.