Infrastructure Development Company Limited (IDCOL), in partnership with Square Group, celebrated the successful implementation of rooftop solar power projects across Square Textiles PLC and Square Food & Beverage Limited, marking a significant milestone in the Group’s sustainability journey.
Under this partnership, three rooftop solar projects with a combined installed capacity of 7.51 MWp have been implemented since 2020. IDCOL provided financing and technical assistance for the projects. The solar installations are contributing to reduced carbon emissions, lower energy costs, and improved energy efficiency across Square Group’s industrial operations. A Joint Celebration of the Solar Rooftop Partnership was held on Sunday, 8 February 2026, at the Square Group Corporate Office in Mohakhali, Dhaka.
Mr. Alamgir Morshed, Executive Director & Chief Executive Officer of IDCOL and Mr. Eric S. Chowdhury, Director, Square Group were present at the event. Also present from Square Group were Mr. Md. Kabir Reza, Executive Director - Accounts & Finance, Mr. Muhammad Zahangir Alam, Executive Director - Finance & Strategy, Mr. Siraj Ahmmed, General Manager - Accounts & Finance, and Mr. Mohammad Aminur Rahman, Assistant General Manager - Accounts & Finance.
From IDCOL, attendees included Mr. Md. Enamul Karim Pavel, Head of Renewable Energy, and Mr. Md. Serajul Hossain, Senior Vice President, Renewable Energy, along with other officials from both organizations.
Speaking at the event, Mr. Eric S. Chowdhury said that Square Group remains committed to integrating clean and sustainable energy solutions into its operations as part of responsible and future-focused industrial growth.
Mr. Alamgir Morshed stated that IDCOL continues to play a leading role in financing renewable energy and supporting private sector participation in Bangladesh’s clean energy transition.
The rooftop solar projects contribute directly to Bangladesh’s renewable energy targets. Both Square Group and IDCOL expressed interest in expanding future collaboration in rooftop solar deployment, energy efficiency initiatives, and other clean energy investments.
