Global Climate Solution Stocks

Sitara Energy Limited is a Pakistan-based captive utility operating predominantly fossil-fired generation (29 MW gas, 38 MW coal) with verified zero-carbon generation at ~0% in FY2024; the company notes planned future solar additions but reported no operational renewables in FY2024.

Mughal Energy Limited is a Pakistan-based utility operating a 36.50 MW coal/hybrid plant plus a small on-site solar installation (reported 1–2 MW); based on capacity statements the verified zero-carbon share is roughly ~5% and well below the >50% threshold.

Kot Addu Power Company Limited is a Pakistan-based utility operating a 1,600 MW multi‑fuel thermal plant (gas/RLNG, furnace oil, diesel); company filings show no zero‑carbon generation and a verified zero‑carbon share of 0%, so it fails the utility filter.

Kohinoor Energy Limited is a Pakistan‑based utility operating a 124 MW furnace‑oil power plant; company filings through 2024 report no operational renewable generation and a verified zero‑carbon share of approximately 0%, so it fails the >50% utility filter. The company has incorporated a solar‑focused subsidiary in May 2024 but has not reported operational renewable output.

S.G. Power Limited is a Pakistani utility that generates electricity but does not disclose the fuel source mix, so we exclude them.

Engro Powergen Qadirpur Limited is a Pakistan-based utility operating a 217.3 MW combined-cycle thermal plant at Qadirpur; verified filings indicate the plant runs on permeate (low-BTU) gas with HSD as backup and no attributable zero-carbon generation, implying an estimated ~0% zero-carbon share.

Lalpir Power Limited owns operates and maintains a fuel fired power station in Pakistan, meaning all of their electricity comes from fossil fuels.

Dawood Lawrencepur Limited is a Pakistan‑based utilities holding company whose consolidated generation assets are described in company filings as principally wind and solar (e.g., Tenaga Generasi Limited 49.5 MW wind plant and operational solar plants); public reports confirm zero‑carbon asset types but do not provide an auditable consolidated percentage of zero‑carbon generation, so a >50% zero‑carbon share cannot be verified from available filings.

Nishat Power Limited is a Pakistan-based utility operating a 200 MW fuel‑fired reciprocating‑engine plant in Jamber Kalan; company filings report no zero‑carbon generation and a verified zero‑carbon share of 0% (FY2024).

Tri-Star Power Limited is a Pakistan-based utility operating small-scale power plants (reported ~10 MW capacity); public filings and the company website do not disclose its generation fuel mix, so its zero-carbon share cannot be determined from available sources.

While Exide Pakistan Limited does generate some revenue from energy storage, they do not disclose the specific dollar amounts and they also generate revenue from non‑climate‑solution batteries like for cars and households, so we exclude them for Lacks Information.

While Atlas Battery Limited does generate some revenue from energy storage, they do not disclose the specific amounts and they also generate revenue from non‑climate‑solution batteries like cars and motorcycles, so we exclude them for Lacks Information.

While Treet Battery Limited does generate some revenue from energy storage including lithium-ion, they do not disclose the specific dollar amounts and they also generate revenue from non‑climate‑solution batteries like for cars and homes, so we exclude them for Lacks Information.

Pak Agro Packaging makes food packaging and other agriculture-related products like nets to keep birds out of fish ponds. Neither directly help with food waste, so we exclude them.

While Nets International Communication Limited does generate some revenue from installing EV charging point, they do not distinguish in their financials how much they make from this service with most of their business seeming to be focused on traditional telecoms.

Pakistan Cables Limited reports almost all revenue under a single “Wire & cables” category and lists MV/HV cable and overhead-conductor products plus utility projects, but company filings do not disclose a split between grid-oriented and non-grid products, so we can't make a call here

Pak Elektron Limited Power Division accounted for roughly 42% of 2024 consolidated revenues (Rs.29,533m of Rs.69,609m) per the company’s audited annual report, indicating the firm does not derive a majority of its revenues from grid-oriented products/services in 2024.

While Metropolitan Steel Corporation Limited does generate some revenue from building transmission towers for the electrical grid, they do not disclose what % of their revenue this represents, so we exclude them.

Fast Cables Limited manufactures a variety of cables for low, medium, and high voltage applications. It also makes LED light bulbs, another climate solution. Unfortunately they do not distinguish in their revenue reporting between their products that would be used for grid expansion vs. other electrical applications, so we exclude them.

EMCO Industries Limited appears predominantly grid-focused: its audited annual reports emphasize manufacturing of high/low-tension porcelain insulators, HT/LT bushings and switchgear for substation and distribution applications and cite utility customers, all leading us to conclude that EMCO passes the revenue filter.