In 2018 the group acquired a major stake in a privately owned energy company to expand its operations in the power sector. The mission is to become one of the leading renewable energy producers in the country and make a significant contribution to the Nation’s sustainable development goal of producing 10% of its energy mix from renewable sources.
First ever large-scale national grid-tied solar power plant in Bangladesh
Capacity of 28 MW that delivers 20 MW to the local substation
State of the art equipment from tier 1 manufacturers.
First IPP to deliver on the government’s SDG target of achieving 2000 MW of electricity from solar power sources by the year 2021
Nominated under the “Solar Power Project of the Year” category at the Asian Power Awards 2018.
Recognized at Finance Asia Awards 2018 as “Best Bangladesh Deal”
Received credit guarantee to support 15-year, US$ 13.5 million dual currency financing deal making it a first-of-its-kind landmark transaction for Bangladesh
We strive to be the best in the renewable energy sector with the vision to establish multiple power plants for power generation. At the same time we are actively exploring opportunities to integrate solar power installations with industry, agriculture and infrastructure, in order to find innovative solutions to pave the way forward for the sustainable growth and development of Bangladesh.