Infrastructure Development Company Limited (IDCOL) and PRAN-RFL Group have highlighted their strategic partnership aimed at advancing energy efficiency and renewable energy adoption in Bangladesh’s industrial sector.
The collaboration was showcased at an event on April 12, 2026, where policymakers, development partners and industry stakeholders reaffirmed their commitment to sustainable industrialization in one of the world’s fastest-growing economies.
Under the partnership, IDCOL has extended BDT 200 crore financing to Kaliganj Agro Processing Limited through its Energy Efficiency Financing Window to support improved energy use and operational efficiency.
In parallel, IDCOL is financing multiple rooftop solar projects across industries, contributing to a combined installed capacity of around 35 MW. Key projects include installations at Chorka Textiles Ltd., Ganga Foundry Ltd., Rangpur Metal Industries Ltd., and Sylvan Technologies Ltd.—the latter among the largest industrial solar projects currently under implementation in Bangladesh.
These initiatives are expected to reduce carbon emissions, cut energy costs, and enhance resilience against global energy price volatility, while helping industries meet rising international demand for environmentally responsible production.
Speaking at the event, IDCOL CEO Alamgir Morshed said Bangladesh is shifting from a focus on energy access to energy efficiency and renewable integration, driven by industrial growth and global climate commitments.
The partnership also reflects changing global supply chain dynamics, where low-carbon manufacturing is increasingly becoming a competitive requirement. By integrating clean energy solutions, PRAN-RFL Group is strengthening its position in export markets.
IDCOL continues to play a key role in mobilizing climate finance, having supported more than 864 MWp of renewable energy capacity, accounting for a significant share of the country’s portfolio.
The collaboration with PRAN-RFL Group is seen as a scalable model for industrial decarbonization, aligning business growth with environmental sustainability through innovative financing.
Both organizations reaffirmed their commitment to expanding green investments and supporting Bangladesh’s transition to a low-carbon, climate-resilient economy.
