Desk Report: Infrastructure Development Company Limited (IDCOL) organized a workshop on installation of industrial rooftop solar system at Hotel Radisson Blu, Chattogram on 07 March 2023. The objective of the workshop is to promote rooftop solar technology among the members of Chittagong Chamber of Commerce and Industry (CCCI). Cost of electricity generation from solar rooftop is cheaper than that of grid tariff. Thus, financing such kind of projects makes financial sense apart from achieving the country’s target of renewable energy-based power generation.
Mr. Alamgir Morshed, Executive Director & CEO, IDCOL and Mr. Mahbubul Alam, President, Chittagong Chamber of Commerce and Industry (CCCI) graced the occasion with their presence.
Bangladesh Government has expressed its vision to generate 4,200 MW of electricity from renewable energy source by 2030. Mr. Alamgir Morshed, Executive Director & CEO of IDCOL said “Under Renewable Energy projects, IDCOL not only provides low cost financing to various organizations, but also provides technical support, quality equipment purchase & capacity building to the organizations, which is very important for the development of this sector. It is estimated that Bangladesh has a potential of generating more than 4,000 MW of electricity from rooftop solar energy. IDCOL has set a target to finance 300 MWp rooftop solar projects by 2025”.
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