Karachi: Burj Investment Management Limited has announced the execution of a Build, Own, Operate, and Transfer (BOOT) agreement for a 2 MW Solar Power Project and a 5 MWh Battery Energy Storage System (BESS) with The Organic Meat Company Limited at their manufacturing facility in Gadap, Sindh. The report, dated November 13, 2026, outlines a lease (Ijarah) agreement facilitated by United Bank Limited (UBL), which has provided project financing to Burj Clean Energy Modaraba.
According to information available from the Pakistan Stock Exchange (PSX), the project is structured under the BOOT model, where Burj Clean Energy Modaraba will assume responsibility for the development, ownership, and operation of the solar power project and BESS. This initiative marks a significant advancement in the Modaraba's ongoing efforts to promote renewable energy solutions and facilitate a transition towards sustainable power generation in Pakistan.
The strategic partnership aims to reduce dependency on fossil fuels and enhance energy efficiency, aligning with long-term sustainability goals of both the Modaraba and The Organic Meat Company Limited. This initiative is part of the Modaraba's broader commitment to investing in renewable energy projects, contributing to Pakistan's clean energy transition, and delivering sustainable value to its stakeholders.