Infrastructure Development Company Limited - IDCOL

21/05/2026

Infrastructure Development Company Limited (IDCOL) today formally presented a brochure developed under the Green Climate Fund (GCF) Energy Efficiency Programme to Mr. Md. Shahriar Kader Siddiky, Secretary of the Economic Relations Division (ERD), at a meeting held at the ERD. The ERD serves as Bangladesh’s National Designated Authority (NDA) to the GCF.

The meeting was attended by IDCOL’s Managing Director, Mr. Alamgir Morshed; Chief Investment Officer, Mr. Nazmul Haque; and Head of Renewable Energy, Mr. Md. Enamul Karim Pavel.

During the discussion, IDCOL briefed the Secretary on the outcomes of its recently concluded GCF Workshop Week. Representatives shared key success stories and takeaways from the day-wise workshops and stakeholder engagement activities held throughout the week.

The discussion underscored the importance of enhancing awareness, strengthening stakeholder engagement, and improving access to climate finance opportunities to support sustainable, low-emission, and climate-resilient development initiatives in Bangladesh.

The launch of the brochure marks another milestone for the GCF Energy Efficiency Programme, reinforcing ongoing efforts to promote knowledge sharing and build institutional capacity for climate finance and energy efficiency in the country.

19/05/2026

Strengthening global partnerships for Bangladesh’s renewable energy future!

On 14 May 2026, IDCOL hosted a high-level roundtable at its head office in Dhaka, bringing together the Royal Norwegian Embassy, Norfund, Norway’s development finance institution, and sponsors of bankable renewable energy projects.

The session focused on exploring strategic partnerships and mobilizing long-term, patient capital to accelerate Bangladesh’s renewable energy transition.

The roundtable was graced by H.E. Håkon Arald Gulbrandsen as Chief Guest, alongside representatives from the Royal Norwegian Embassy, Norfund, and leading renewable energy project sponsors. The session was chaired by IDCOL's Managing Director, Mr. Alamgir Morshed, while Mr. Nazmul Haque, Chief Investment Officer, IDCOL, moderated the discussion.

As IDCOL marks its 29th founding anniversary, the event reflected the organization’s continued commitment to fostering impactful international collaborations and advancing sustainable energy solutions for Bangladesh.

13/05/2026

For 29 years, IDCOL has been working to turn vision into impact - financing sustainable infrastructure, advancing renewable energy, and supporting inclusive development across Bangladesh.

From powering communities and enabling green industries to financing resilient infrastructure, this journey has been built on innovation, partnership, and a shared commitment to a more sustainable future.

As we celebrate this milestone, we extend our heartfelt gratitude to our stakeholders, and well-wishers for being part of this remarkable journey.

Together, we continue leading the nation’s green transition.

12/05/2026

“Rooftop solar is no longer just an environmental choice, it is becoming an economic necessity for industries in Bangladesh.” — Alamgir Morshed

As Bangladesh moves toward a cleaner and more sustainable energy future, Managing Director of Infrastructure Development Company Limited (IDCOL), Mr. Alamgir Morshed shared valuable insights in a recent conversation with The Business Standard on the growing importance of renewable energy and the immense potential of rooftop solar projects across the country.

In the discussion, he highlighted how rooftop solar can reduce dependency on conventional energy sources, lower operational costs for industries, and support Bangladesh’s long-term energy security and climate goals. He also emphasized the crucial role of financing and private sector participation in accelerating the country’s clean energy transition. Bangladesh has significant rooftop solar potential, with IDCOL actively expanding financing support for industrial solar adoption.

🎥 Watch the full interview here:
https://www.youtube.com/watch?v=twSvsTCO3bc

10,000MW Rooftop Power Target: Realistic or Overambitious?শিল্প কারখানা এবং বাড়ির ছাদেই ১০ হাজার মেগাওয়াট সৌর বিদ্যুৎ উৎপাদন করা সম্ভব। এই আশা ইডক.....

10/05/2026

A mother’s love is one of the strongest forces behind every dream, every success, and every brighter tomorrow.

On this Mother’s Day, IDCOL honors the women whose strength and compassion continue to inspire us every day.

14/04/2026

নতুন বছরের প্রথম প্রভাতে আবারও ফিরে এলো আশার আলো, স্বপ্নের ডানা, আর এগিয়ে যাওয়ার নতুন সাহস।
শুভ নববর্ষ শুধু নতুন বছরের শুরু নয় - এটি আমাদের প্রতিশ্রুতি, একটি টেকসই, সবুজ ও সমৃদ্ধ আগামী গড়ার।

ইডকল-এর পথচলা সবসময়ই ভবিষ্যৎমুখী। আমরা বিশ্বাস করি, নবায়নযোগ্য জ্বালানি, পরিবেশবান্ধব উদ্যোগ এবং টেকসই উন্নয়নের মাধ্যমে প্রতিটি নতুন বছর হবে আরও সবুজ, আরও সম্ভাবনাময়।

আসুন, এই নববর্ষে আমরা সবাই মিলে প্রতিজ্ঞা করি -
প্রকৃতিকে ভালোবাসবো, সম্পদকে সঠিকভাবে ব্যবহার করবো,
এবং একটি সুন্দর আগামী প্রজন্মের জন্য রেখে যাবো।

সবাইকে বাংলা নববর্ষের আন্তরিক শুভেচ্ছা।
শুভ নববর্ষ ১৪৩৩!

13/04/2026

Advancing Sustainable Industrial Growth in Bangladesh!

Infrastructure Development Company Limited (IDCOL) and PRAN-RFL Group have joined forces to accelerate energy efficiency and renewable energy adoption in Bangladesh’s industrial sector, reinforcing a shared commitment to sustainable growth.

At a ceremony on April 12, 2026, stakeholders highlighted key initiatives under this collaboration:

🔋 BDT 200 crore financing to Kaliganj Agro Processing Limited under IDCOL’s Energy Efficiency Financing Window
☀️ Nearly 35 MW of rooftop solar projects across leading industries
🌍 Reduced carbon emissions, lower energy costs, and enhanced resilience

Notable solar projects include installations at Chorka Textiles Ltd., Ganga Foundry Ltd., Rangpur Metal Industries Ltd., and Sylvan Technologies Ltd., one of the largest industrial solar projects under implementation in the country.

IDCOL CEO Mr. Alamgir Morshed emphasized Bangladesh’s shift toward energy efficiency and renewable integration, aligning industrial growth with global climate commitments.

Ahsan Khan Chowdhury, CEO and Chairman, PRAN-RFL Group, said, “In the journey of industrial expansion, finding the right partner is not just about financial support; it is about finding a shared vision for the future. Our collaboration with IDCOL is a perfect example of this—where their expertise in green financing meets our commitment to industrial excellence.

As our Group grows, we do so in a way that is responsible, efficient, and aligned with the global shift toward a low-carbon economy. We are proud to work alongside IDCOL to set a benchmark for green industrialization in Bangladesh."

With over 864 MWp of renewable energy financed, IDCOL continues to play a leading role in mobilizing climate finance and enabling private sector participation in the clean energy transition.

This partnership sets a strong example of how innovation and collaboration can drive a greener, more competitive future.

06/04/2026

A significant step forward for Bangladesh’s clean energy journey 🇧🇩☀️

The Country Director of the World Bank, Mr. Jean Pesme, along with a senior delegation from the World Bank Bangladesh office, visited the 6.05 MWp rooftop solar project at GPH Ispat Ltd., one of the largest industrial rooftop solar installations in the country, financed by IDCOL.

The delegation was accompanied by IDCOL’s Executive Director & CEO, Mr. Alamgir Morshed, and senior officials. During the visit, Mr. Pesme appreciated Bangladesh’s progress in scaling up clean energy and highlighted the importance of strong partnerships in achieving sustainable development.

IDCOL reaffirmed its commitment to accelerating renewable energy financing, especially in the rooftop solar segment. With a target of 1,150 MWp by 2030, IDCOL has already financed around 220 MWp, with a robust pipeline ahead.

This project reflects the growing role of the private sector in driving clean energy adoption, powering industries while reducing emissions.

A great example of collaboration between the World Bank and IDCOL in building a greener, climate-resilient Bangladesh.

29/03/2026

Driving Towards a Cashless Future!

On 02 March 2026, IDCOL organized a discussion session to mark the occasion, bringing together officials to reflect on the growing importance of cashless transactions and financial awareness.

The session featured an insightful keynote presentation highlighting global trends in digital payments, including the Cashless Transaction Index and Bangladesh’s current position. A key milestone shared was IDCOL’s successful transition to 100% cashless payments — a significant step towards operational efficiency and transparency.

Participants emphasized the importance of encouraging stakeholders to adopt digital payment methods, particularly for loan repayments. In this regard, Mr. Alamgir Morshed, Executive Director & CEO, instructed all business units to actively engage with stakeholders to ensure a smooth shift to digital channels.

The discussion also covered:
✔ Transitioning regional office expenses into digital payments
✔ Enhancing capacity through training on digital banking platforms
✔ Exploring the development of a MFS transaction profile for IDCOL

The session concluded with a strong message: financial literacy and cashless transactions are key to building a more efficient, transparent, and future-ready financial ecosystem.

26/03/2026

On this historic day, we remember the courage, sacrifice, and resilience of the brave souls who fought for our freedom during the Liberation War.

As we celebrate the Independence of Bangladesh, IDCOL proudly reaffirms its commitment to advancing sustainable development, clean energy, and inclusive infrastructure for a brighter future.

Together, let us continue working towards a prosperous, resilient, and sustainable Bangladesh.

Happy Independence Day.