Karachi: Tariq Corporation Limited (TCORP) has unveiled plans to install a 200 kilowatt (KW) solar power system, a move aimed at bolstering sustainability and operational efficiency. The announcement, made on March 24, 2025, aligns with the company's ongoing efforts to reduce electricity costs and decrease its carbon footprint.

The decision is in compliance with Section 96 of the Securities Act, 2015, and clause 5.6.1 of the Pakistan Stock Exchange (PSX) Regulations. The initiative is expected to have a significant impact on TCORP's financial and environmental metrics, demonstrating the company's proactive approach toward sustainable energy solutions.

According to information available from the Pakistan Stock Exchange (PSX), TCORP's latest initiative is part of a broader trend within the designated market category, where companies are increasingly adopting renewable energy sources to fulfill both regulatory requirements and corporate social responsibility goals.

Stakeholders, including TRE Certificate Holders of the Exchange, have been notified of the development, emphasizing the company's commitment to transparency and regulatory compliance.

This solar power initiative marks a step forward for TCORP as it seeks to leverage renewable energy to enhance its competitive advantage while contributing positively to environmental conservation efforts.