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World Bank through IDCOL to finance AKH Knitting and Dyeing Ltd’s Rooftop Solar Plant

On 22 September, World Bank representatives visited AKH Knitting and Dyeing Ltd (AKDL) 2.8 MW Rooftop Solar Power Plant. World Bank – through Infrastructure Development Company Limited (IDCOL) – has provided 80% debt finance for the AKH Knitting and Dyeing Ltd’s 2.8 MW Rooftop Solar Power Plant at Dhamrai project. The total project cost is BDT 169 million.

World Bank–IDCOL-visit-AKH-Knitting-Dyeing-Rooftop-Solar-Power-Plant
Figure: IDCOL and World Bank representatives visited AKH Knitting and Dyeing Ltd’s 2.8 MW Rooftop Solar Power Plant.

A delegation including Dandan Chen, Operations Manager (Bangladesh), the World Bank; Alamgir Morshed, CEO, IDCOL; Md. Enamul Karim Pavel, Head of Renewable Energy, IDCOL; Hassan Muhaiminul Aziz, Assistant Vice President (Monitoring), IDCOL visited the plant today (22nd September). While visionary leader Shamsul Alam, Managing Director of AKH Group and AKDL Plant Head Lt. Col. (Retd.) Shahriar Kabir welcomed the guests.

World Bank-finance-AKH-Knitting-Dyeing-2.8-MW-Rooftop-Solar-Power-Plant

After visiting the rooftop solar project, the World Bank and IDCOL team expressed their satisfaction about the project. They have thanked AKH management for the solar project initiative.

World Bank–IDCOL-visit-AKDL-Rooftop-Solar-Power-Plant

AKH Knitting and Dyeing Ltd. factory successfully installed the 2.8 MW rooftop solar project. Solar EPC Development Ltd. successfully commissioned the 2.8 MW rooftop solar project at AKH Knitting & Dyeing Ltd. From Solar EPC Development Ltd. side, Emamul Kabir, GM (Operation & Development), and Engr. Shifat also was present in the program.

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