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Pakistani firm launches first Green Sukuk for telecom sector

Infralectric also completes nation’s first 25MWh AI-powered Energy project for telecom towers

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Pakistani firm launches first Green Sukuk for telecom sector

The Green Sukuk, worth about PKR 3 billion, is a Shariah-compliant and 100% principal-guaranteed financial instrument.

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In a landmark development for Pakistan’s telecom and energy sectors, Infralectric, a Brillanz Group company, has announced the launch of Pakistan’s first Green Sukuk for the telecom sector.

Infralectric has launched the Green Sukuk of up to PKR 3 billion in collaboration with InfraZamin Pakistan. The initiative is Shariah-compliant, a 100% principal-guaranteed financial instrument, and introduces a scalable and sustainable financing model to modernize telecom towers with low-carbon, AI-enabled technologies.

The company has also successfully completed the nation’s first 25MWh AI-powered Energy Storage-as-a-Service (ESaaS) project, powered by Thunder AI. The successful deployment of the project signals a “significant transformation in telecom tower energy infrastructure”.

The project utilizes Thunder AI-driven battery storage, while the tower reduces diesel use, saving more than 5 million liters annually. It also increases uptime and reduces 13,500 tons of CO₂ emissions each year across the telecom portfolio, which is equivalent to planting more than 220,000 trees annually, according to the company.

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

In his address, Fahd Haroon, Minister of State and Special Assistant to the Prime Minister, called the launch of the Sukuk "historic".

“The successful completion of the country’s first 25MWh AI-powered Energy Storage-as-a-Service project and the launch of the first Green Sukuk for the telecom sector mark a significant milestone for the nation.”

“These initiatives demonstrate how innovation and collaboration can modernize thousands of telecom towers, reduce carbon emissions, and create scalable green investments that strengthen both our economy and environment. The Government remains committed to supporting such progress, where finance, technology, and sustainability converge to build Pakistan’s digital future and advance our climate commitments,” Fahd said.

Speaking on the significance of the partnership, Maheen Rahman, CEO of InfraZamin Pakistan, stated the Sukuk would “mark a pivotal step in unlocking sustainable finance for Pakistan’s telecom sector”.

“At InfraZamin, we are committed to enabling climate-resilient infrastructure through innovative credit guarantees that mobilize private capital at scale. Such initiatives modernize critical digital infrastructure and also contribute to Pakistan’s decarbonization and long-term economic resilience.”

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