Beco Steel Limited has made significant strides in its solar power initiative by securing funding from its UAE-based sister company, Beco Steel Ferrous and Non-Ferrous Metal Trading LLC, as disclosed on February 16, 2026. This funding will support the establishment of a 5-megawatt solar power plant, projected to generate around 600,000 kilowatt-hours (kWh) of electricity monthly, while adhering to Sharia-compliant financial principles. The project aims for completion within four months, with anticipated monthly savings of approximately Rs16.8 million, totaling nearly Rs201 million annually. This initiative aligns with a broader trend in Pakistan, where net metering electricity generation surged by 28% month-on-month in January 2026, reflecting a growing adoption of solar technology among homes and businesses amid rising electricity tariffs and frequent power outages.