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May 20, 2019
Promoting private sector investment through large scale adoption of energy saving technologies and equipment for the garment sector of BangladeshIDCOL as Bangladeshs first national Accredited Entity to the Green Climate Fund (GCF) has received approval for a Project Preparation grant of USD 363,000 through GCFs Project Preparation Facility (PPF). This fund has been sanctioned to start the necessary groundwork to assess and plan the most appropriate technologies to use, and best way to design a

IDCOL as Bangladesh’s first national Accredited Entity to the Green Climate Fund (GCF) has received approval for a Project Preparation grant of USD 363,000 through GCF’s Project Preparation Facility (PPF). This fund has been sanctioned to start the necessary groundwork to assess and plan the most appropriate technologies to use, and best way to design and implement the upcoming Programme titled “Promoting private sector investment through large scale adoption of energy saving technologies and equipment for garment sector of Bangladesh”. This is the second time that such type of PPF fund has been approved by GCF for IDCOL, and as a national Direct Access Entity (DAE) to the GCF, till date, IDCOL is the only National Implementing Entity (NIE) to channel this grant funding.   

May 9, 2019
IDCOL Pays Dividends of Tk 70 Crore in FY 2018
Infrastructure Development Company Limited (IDCOL), a Non-bank Financial Institution owned by the Government of Bangladesh, has declared dividends of Tk 70 Crore from the profit made in FY 2018. Out of that Tk 20 crore has been paid to the Government as cash dividend while Tk 50 crore would be used for increasing the companys paid up capital to Tk 650 crore by issuance of bonus shares. Mr. Monowar Ahmed, Secretary, ERD and Chairman, IDCOL handed over the cash dividend cheque to Honble Finance Minister Mr. A H M Mustafa Kamal, FCA, MP. Among others, Mr. Mahmood Malik, Executive Director and CEO, IDCOL, Mr. S.M. Monirul Islam, Deputy CEO of IDCOL, Mr. Maftun Ahmed, Company Secretary, IDCOL, Mr. Nazmul Haque Faisal, Vice President Corporate Affairs, IDCOL were present in the event. IDCOL is one of the few Government owned entities that operate independently and pays dividends to the Government on a regular basis. IDCOL paid Tk. 20 crore to the Government as cash dividend in the last year as well. IDCOL finances large and medium infrastructure projects as well as renewable energy and energy efficiency projects in the country. Solar Home Systems, Solar Irrigation pump, Solar Mini- Grid, Solar rooftop Biogas Plants and Improved Cook Stoves Programs are some its successful interventions in the renewable energy sector.
May 5, 2019
New Clips of IDCOL Award Giving Ceremony for the Architectural Design to build Eco-Friendly IDCOL Tower

1. ATN Bangla TV News Link: https://youtu.be/O07H35hQ-y4

2. ATN News TV News Link: https://youtu.be/fvx8gS-2XAo

3. Bangla Vision TV News Link: https://youtu.be/MYC-IE7X4oA

4. Channel 24 TV News Link: https://youtu.be/8PWfsi3IEN0

5. Channel i TV News Link: https://youtu.be/WkjqqMuUAo0

6. Somoy TV News Link: https://youtu.be/8qid3bQegO8

7. Channel 71 TV News Link: https://youtu.be/X3vpbF84F3Q

May 2, 2019
The twenty-second Annual General Meeting (AGM) of Infrastructure Development Company Limited (IDCOL) was held on 28 April 2019

The twenty-second Annual General Meeting (AGM) of Infrastructure Development Company Limited (IDCOL) was held on 28 April 2019 at conference room, Economic Relations Division, Ministry of Finance, Sher-e-Bangla Nagar, Dhaka. Mr. Monowar Ahmed, Chairman, IDCOL and Secretary, Economic Relations Division presided over the meeting. During the FY 2018 Company’s profit before tax and provision was Tk. 284.61 crore. The AGM declared the dividends for a total amount of Tk. 70 crore from the profit made by the Company during FY 2018. The declared dividends are as follows:

1) An amount of Tk. 20 crore be paid to the Government as cash dividend; and

2) An amount of Tk. 50 crore be used for increasing the Company’s paid-up capital to Tk.650 crore from the existing Tk. 600 crore by way of issuing bonus shares;

Sitting from the left: Mr. A K M Nurul Fazal Bulbul, Director, IDCOL and Vice-chairman, CDBL, Mr. Md. Shah Kamal, Director, IDCOL and Senior Secretary, Ministry of Disaster Management and Relief, Mr. Monowar Ahmed, Chairman, IDCOL and Secretary, Economic Relations Division, Ms. Nihad Kabir, Director, IDCOL and Advocate, Bangladesh Supreme Court and Mr. Abdul Haque, Director, IDCOL and Managing Director, Haq's Bay Automobiles Ltd.

Standing from the left:   Mr. S. M. Monirul Islam, Deputy CEO & CFO, IDCOL, Mr. Mahmood Malik, Executive Director and CEO, IDCOL, and Mr. M. Maftun Ahmed, Company Secretary, IDCOL.

April 26, 2019
Project Finance and Financial Modeling Training Program of IDCOL

Infrastructure Development Company Limited (IDCOL) organized its “Project Finance and Financial Modeling Training Program” during April 23-25, 2019 at IDCOL Head Office. 30 professionals from various banks, financial institutions and corporate houses attended the training program. Mr. Mazadul Islam, VP and Unit Head, PPP & Investment Advisory of IDCOL was present in the certificate awarding ceremony.

April 21, 2019
IDCOL, Bangladeshs first national Accredited Entity to the Green Climate Fund (GCF), has completed signing of the Grant Support Agreement (GSA)

IDCOL, Bangladesh’s first national Accredited Entity to the Green Climate Fund (GCF), has completed signing of the Grant Support Agreement (GSA) on 2nd April 2019 for Project Preparation grant of USD 301,562.00 through GCF’s Project Preparation Facility (PPF) that was approved on 05 November 2018.

This fund has been sanctioned to start the necessary groundwork to assess and plan the most appropriate technologies to use, and best way to design and implement the upcoming Programme titled “Promoting private sector investment through large scale adoption of energy saving technologies and equipment for textile sector of Bangladesh”.

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The fund is the first of its kind to enter Bangladesh, and through IDCOL, such type of PPF fund will inaugurate its arrival into the country. 

The approved PPF is available at https://www.greenclimate.fund/entities/infrastructure-development-company-limited?inheritRedirect=true&redirect=%2Fhow-we-work%2Ftools%2Fentity-directory

March 24, 2019
IDCOL and IDLC to raise BDT 5025 Million for Sirajganj Economic Zone
March 11, 2019
কর্মশালা ও প্রদশর্নী উদ্বোধনে অর্থমন্ত্রী নবায়নযোগ্য জ্বালানি নিশ্চিতে আওয়াজ তুলতে হবে এখনই
March 11, 2019
জলবায়ু পরিবর্তনের অভিঘাত মোকাবেলায় বিনিয়োগ অপ্রতুল: অর্থমন্ত্রী
March 11, 2019
বিকল্প জ্বালানি উৎপাদনে গুরুত্ব দেওয়ার তাগিদ ।
March 11, 2019
Promote green energy for safe planet: Kamal
March 10, 2019
জ্বালানি খাতে নীরব বিপ্লব ঘটিয়েছে ইডকল
March 3, 2019
সাশ্রয়ী-নবায়নযোগ্য জ্বালানি বিষয়ক সম্মেলন ১০ মার্চ

 

 

March 3, 2019
2-DAY INT’L SEMINAR & EXHIBITION IS GOING TO START IN DHAKA TO PROMOTE CLEAN ENERGY
March 3, 2019
2-day Int’l expo, seminar on clean energy to begin in city March 10
February 7, 2019
Allocation of IDCOL POs in Upazilas for TR KABITA works (FY 2018-19) dated 07-02-2019
January 9, 2019
Heartiest Congratulations to the Honorable Finance Minister, Mr. A H M Mustafa Kamal, FCA, MP from the IDCOL family.

Mr. Monowar Ahmed, Chairman, IDCOL and Secretary, Economic Relations Division bids a floral congratulation to the Honorable Finance Minister on behalf of IDCOL. Mr. Mahmood Malik, Executive Director and CEO along with other senior management members of IDCOL were also present at the event.