Karachi: International Steels Limited has announced the successful completion and operational status of its 6.4 MW solar power project at its factory in Karachi. The announcement was made in compliance with Section 96 and 131 of the Securities Act, 2015, and Clause 5.6.1 of the rule book of the Pakistan Stock Exchange Limited.

The company had initially communicated this development in a letter dated January 29, 2024. The solar power project is part of International Steels Limited's long-term sustainability strategy. It aims to enhance energy efficiency and environmental responsibility while optimizing costs.

According to information available from the Pakistan Stock Exchange (PSX), the completion of this project is anticipated to result in operational savings and contribute to a reduction in the company's carbon footprint.

International Steels Limited is classified under the designated market category of the Pakistan Stock Exchange. The successful operation of the solar power project underlines the company's commitment to integrating sustainable practices into its operations.