Thursday, July 25, 2024
spot_imgspot_img
spot_imgspot_img
HomeEventsOmera Solar signs PPA with BEXIMCO Group

Omera Solar signs PPA with BEXIMCO Group

Omera Renewable Energy Limited, a subsidiary of East Coast Group Company, on Wednesday signed an agreement with BEXIMCO Group, a leading business conglomerate in Bangladesh, to install a 9.23 MW Grid-Tied Rooftop Solar System at BEXIMCO Industrial Park, Gazipur.

BEXIMCO

The Power Purchase Agreement was signed at East Coast Centre in Gulshan in Dhaka, according to a press release.

Dilruba Chowdhury, director, East Coast Group and Anil Kumar Maheshwari, chief financial officer, Beximco Textiles Division, signed the 20-year Power Purchase Contract.

Amin Sabir Khan, executive director, Power Generation, Distribution and Utility, Saqib Shakoor, executive director of BEXIMCO and Masudur Rahim, chief executive officer, AKH Hasif Sowdagar, fcma, fca, chief financial officer, Capt Minhazur Reza Chowdhury, chief operating officer, Khan Ashique Rahman, manager and Umme Jahan Mishi, asst manager of East Coast Group were present during the signing ceremony along with the project working and communication team.

Omera Solar with an aim of “Go green today for a brighter tomorrow” has already installed more than 60 MW of Rooftop Solar Systems on different industrial rooftops.

Omera Solar will install a 9.23 MW Solar System which will generate 10.78 GWh of Clean Electricity each year which will ensure Tk 104.46 million in financial savings yearly across electricity bills for BEXIMCO ensuring 7,223 tons of CO2 emissions reduction, each year.

With the reduced utility cost of business infrastructures, rooftop solar system is the wheel to move towards the nation’s vision of sustainability.

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
SUBSCRIBE

YOU MAY ALSO LIKE
- Advertisement - spot_img

Join Our Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
Sign Me Up
- Industry Associate - spot_img

Upcoming Events

Simillar News

Recent Random

Denmark has signed a new Climate Advisory Partnership for Bangladesh (B-CAP) to boost climate-smart private investment!

B-CAP aims to reduce carbon emissions, lower greenhouse gases, and enhance green financing through an approx. USD 50 million funding. The Climate Advisory Partnership...

Standing United Against Violence: Bangladesh RMG Sector’s Commitment to Peace

In light of the current political crisis in Bangladesh, we want to reaffirm our commitment to neutrality and peace. Our Ready-Made Garment (RMG) industry...

Fineotex completes successful fund raise of Rs. 342.55 crores through Preferential Allotment

Fineotex Chemical Limited (“Fineotex” or the “Company”), a leading specialty chemical manufacturer, announces the successful fund raising of INR 342.5 Crores through a preferential allotment of equity shares and convertible warrants.The fund-raising was executed in two distinct phases:Phase I: The Company...
Get hand picked industry updates delivered straight to your inbox
Sign Me Up

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
SUBSCRIBE