Infrastructure Development Company Limited (IDCOL) has partnered with BRAC to install solar power systems across thirty-two of its facilities nationwide, marking a major milestone in advancing institutional sustainability.

With a total generation capacity of 4.06 MW, the initiative will meet the specific energy demands of BRAC facilities in twenty-one districts, improving operational efficiency while promoting clean energy adoption.

Under the agreement, 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, the 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 Monday, 10 November 2025, at the BRAC Centre in Dhaka's Mohakhali area. 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 organisations.

Also present were Md Enamul Karim Pavel, Head of Renewable Energy; Md Ashaduzzaman, AVP, Renewable Energy Projects; and Ziad Husain Zami, Senior Officer from IDCOL; along with Sabbir Ahmed, CFO, and Md Liakath Ali, Director of Climate Change, Urban Development, and Disaster Risk Management, from BRAC.

Alamgir Morshed, CEO of IDCOL, said, "IDCOL remains committed to accelerating Bangladesh's transition to clean energy through financing renewable energy, energy efficiency, and infrastructure projects. To date, we have financed 192 MW of rooftop solar installations nationwide. This partnership with BRAC exemplifies our mission to empower institutions with sustainable solutions that reduce carbon emissions and improve energy access."

In line with the Government of Bangladesh's Net Metering Policy, any surplus electricity generated will be fed into the national grid, enabling BRAC to receive credits or financial benefits.

As a key national entity for channelling domestic and international climate finance, including support from the World Bank, KfW, USAID, JICA, and the GCF, IDCOL continues to play a critical role in improving energy efficiency in sectors such as textiles and ready-made garments (RMG). Through such initiatives, IDCOL is contributing to the achievement of Bangladesh's Nationally Determined Contributions (NDCs) and renewable energy targets, supporting the nation's vision for a greener, more resilient future.

TBS / IDCOL / BRAC / Corporate