Home ›› 23 Jan 2023 ›› Corporate
Infrastructure Development Company Ltd (IDCOL) recently signed a long-term loan facility agreement of Tk 5.79 crore with Rancon Infrastructures & Engineering Ltd (RIEL) to finance the latter‘s second rooftop solar project.
Under the Project, RIEL will install 1.0 MWp solar PV system on the factory rooftops of Rancon Electronics Ltd (REL) and Rancon Auto Industries Ltd (RAIL) located at Boro Bhabanipur, Kashimpur, Gazipur, reads a press statement.
Alamgir Morshed, executive director and CEO, IDCOL and Mashid Rahman Abir, managing director of Rancon Infrastructures & Engineering Ltd signed the agreement on behalf of their respective organisations.
“Rancon Group is doing a fantastic job of contributing to the economy of Bangladesh. Their rooftop solar projects will encourage others to focus on green energy sources,“ Alamgir said on the occasion.
