Infrastructure Development Company Limited (IDCOL) has partnered with BRAC to install solar power systems across 32 of its facilities nationwide, marking a major milestone in its sustainability journey. With a total generation capacity of 4.06 MW, the initiative is tailored to meet the specific energy demands of BRAC facilities in 21 districts, enhancing operational efficiency while promoting clean energy.
IDCOL will provide technical assistance throughout the implementation phase, ensuring high-quality design, installation, and performance monitoring. The systems will be deployed across BRAC Enterprises, Ayesha Abed Foundation, and BRAC University, reinforcing BRAC’s commitment to energy efficiency and climate resilience.
A signing ceremony for the initiative was held on November 10, 2025, at the BRAC Center in Mohakhali, Dhaka. Asif Saleh, Executive Director of BRAC, and Alamgir Morshed, Executive Director and Chief Executive Officer of IDCOL, signed the agreement on behalf of their respective organizations.
Also present at the ceremony were Md. Enamul Karim Pavel, Head of Renewable Energy, Md. Ashaduzzaman, AVP, Renewable Energy Projects and Ziad Husain Zami, Sr. Officer from IDCOL; as well as Sabbir Ahmed, CFO, and Md. Liakath Ali, Director, Climate Change, Urban Development, & Disaster Risk Management, from BRAC.
IDCOL’s CEO, Alamgir Morshed, emphasized IDCOL’s strategic role, “IDCOL remains committed to accelerating Bangladesh’s transition to clean energy through financing renewable energy, energy efficiency, and infrastructure projects. To date, we have already financed 192 MW of rooftop solar installations across the country. This partnership with BRAC exemplifies our mission to empower institutions with sustainable solutions that reduce carbon emissions and improve energy access.
In alignment with the Government of Bangladesh’s Net Metering Policy, any surplus electricity generated by these systems will be fed into the national grid, allowing BRAC to receive credits or financial benefits.
IDCOL is a critical national entity for channeling domestic and international climate finance, including support from organizations like the World Bank, KfW, USAID, JICA, and the GCF and playing a crucial role in improving energy efficiency, particularly in energy-intensive sectors like textiles and the Ready-Made Garments (RMG) industry. Through such initiatives, IDCOL is actively contributing to the achievement of Bangladesh’s Nationally Determined Contributions (NDCs) and renewable energy targets, supporting the country’s vision for a greener, more resilient future.
