AIRLINK 60.70 Decreased By ▼ -0.27 (-0.44%)
BOP 6.30 Increased By ▲ 0.01 (0.16%)
CNERGY 4.39 Increased By ▲ 0.06 (1.39%)
DFML 16.19 Increased By ▲ 0.33 (2.08%)
DGKC 70.20 Increased By ▲ 0.90 (1.3%)
FCCL 18.02 Decreased By ▼ -0.18 (-0.99%)
FFBL 26.50 Increased By ▲ 0.25 (0.95%)
FFL 9.25 Increased By ▲ 0.02 (0.22%)
GGL 10.30 Increased By ▲ 0.05 (0.49%)
HBL 115.00 Decreased By ▼ -2.00 (-1.71%)
HUBC 115.55 Increased By ▲ 1.07 (0.93%)
HUMNL 7.08 Increased By ▲ 0.15 (2.16%)
KEL 5.00 Increased By ▲ 0.11 (2.25%)
KOSM 5.45 Increased By ▲ 0.12 (2.25%)
MLCF 38.83 Increased By ▲ 0.33 (0.86%)
OGDC 125.61 Increased By ▲ 1.64 (1.32%)
PAEL 21.90 Increased By ▲ 0.05 (0.23%)
PIAA 12.80 Increased By ▲ 1.00 (8.47%)
PIBTL 6.22 Increased By ▲ 0.12 (1.97%)
PPL 116.50 Increased By ▲ 2.75 (2.42%)
PRL 28.36 Increased By ▲ 0.06 (0.21%)
PTC 12.25 Increased By ▲ 0.80 (6.99%)
SEARL 52.25 Decreased By ▼ -0.05 (-0.1%)
SNGP 67.70 No Change ▼ 0.00 (0%)
SSGC 11.44 Increased By ▲ 0.11 (0.97%)
TELE 8.23 Increased By ▲ 0.38 (4.84%)
TPLP 11.62 Increased By ▲ 0.04 (0.35%)
TRG 72.00 Increased By ▲ 0.19 (0.26%)
UNITY 24.05 Increased By ▲ 0.95 (4.11%)
WTL 1.35 Increased By ▲ 0.06 (4.65%)
BR100 6,791 Increased By 74.6 (1.11%)
BR30 23,104 Increased By 587.3 (2.61%)
KSE100 65,952 Increased By 626 (0.96%)
KSE30 22,417 Increased By 271.6 (1.23%)

KARACHI: International Industries Limited (IIL), Pakistan’s largest manufacturer & exporter of steel and polymer pipes, proudly announces the successful commissioning of a state-of-the-art 1 MW solar power system at IIL Factory 1 in Karachi.

This initiative marks a significant step towards IIL’s larger commitment to sustainability and reducing its environmental footprint by installing a total of 4MW of renewable energy across all its factory locations.

“We are thrilled to unveil our new solar power system, which represents our strong commitment to sustainability and environmental stewardship,” said Mr. Sohail R. Bhojani, CEO of International Industries Limited. “By harnessing renewable energy, we are not only reducing our carbon footprint but also demonstrating our dedication to responsible business practices and to contributing towards a greener future for Pakistan and the world at large”, he further added.

Aside from the significant contribution to carbon footprint reduction, the solar power system is expected to generate substantial cost savings for International Industries Limited over its operational lifespan. By relying on solar energy, the company will significantly reduce its dependence on conventional power, thereby mitigating the impact of rising energy costs and enhancing its long-term financial sustainability.

Copyright Business Recorder, 2023

Comments

Comments are closed.