IDCOL and PRAN-RFL Partner to Boost Green Industrial Growth in Bangladesh
Infrastructure Development Company Limited (IDCOL) and PRAN-RFL Group have announced a strategic partnership aimed at enhancing energy efficiency and promoting renewable energy within Bangladesh's industrial sector. This collaboration was revealed during a ceremony attended by senior officials, development partners, and industry stakeholders. As part of the agreement, IDCOL has allocated Tk200 crore to Kaliganj Agro Processing Limited to optimize energy consumption and improve operational efficiency. Additionally, IDCOL has financed several rooftop solar projects at industrial sites, with a total installed capacity of approximately 35 MW. These initiatives are expected to reduce carbon emissions, lower energy costs, and increase resilience against global energy price fluctuations. The partnership reflects a growing trend among Bangladeshi industries towards adopting modern, energy-efficient production systems.