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About IDCOL
Vision, Mission, Core Values
Board of Directors
Management
Financial Highlights
Awards & Recognition
Corporate Social Responsibility
Our Stakeholders
Date Milestone
14-May-1997

Incorporation of the Company

05-Jan-1998

Licensing from Bangladesh Bank as NBFI

11-Apr-2001

Financing of the first  Project- a 450 MW Independent Power Plant (IPP) by Meghnaghat Power Ltd.

01-Jan-2003

Commencement of the Solar Home System (SHS) Program

22-Sep-2005

Commencement of operation as a full-fledged financial institution with first on-balance sheet loan to a 11.6 MW captive power plant

28-Feb-2006

Commencement of the National Domestic Biogas and Manure Program (NDBMP)

26-Jun-2012

Registration with UNFCCC to avail CDM benefits under IDCOL SHS Program

28-Apr-2013

Crossed the milestone of financing 1,000 MW power generation capacity in Bangladesh

12-May-2013

Celebration of the installation of 2 million SHSs and launching of the installation of 1 million Improved Cook Stoves (ICS) Project by the Honorable Prime Minister

05-May-2014

Paid-up Capital reached to BDT 2,500 million 

30-Mar-2015

Commercial Operation of three Solar PV based mini-grid projects under IDCOL financing.

02-Apr-2015

IDCOL received the first ever CDM fund in Bangladesh under the United Nations Framework Convention on Climate Change (UNFCCC)

15-Sep-2015

IDCOL received NBR award as country’s third(3rd) highest tax paying company.

26-Oct-2016

IDCOL received “ICMAB Best Corporate Award 2015” in the category of NBFI

24-Nov-2016

IDCOL received NBR award as country’s top tax payer in the category of NBFI

29-Nov-2016

IDCOL received “ICAB National Award for Best Presented Annual Reports 2015” in the category of “Public Sector Entities”

30-Nov-2016

Financed the first PPP Project in Healthcare Sector of Bangladesh-Sandor Dialysis Services Bangladesh Private Ltd.

27-Jan-2017

IDCOL awarded as the Joint Winner for “Best Presented Annual Reports 2015” in the category of “Public Sector Entities” by the South Asian Federation of Accountants

14-Jun-2017

IDCOL achieved the opportunity to advise BPDB for Designing, Developing, Formulating and Implementing systems on Occupational Health and Safety Assessment Series (OHSAS) and to assist BPDB for obtaining OHSAS 18001:2007 Certification.

06-Jul-2017

IDCOL received Global Climate Fund (GCF) accreditation in Songdo, South Korea

19-Nov-2017

IDCOL signed Third Public-Private Infrastructure Development Facility-Tranche 1 under Asian Development Bank

25-Nov-2017

IDCOL secured 2nd Position in “ICAB National Award for Best Presented Annual Reports 2016” in the category of “Public Sector Entities”

06-Dec-2017

IDCOL awarded as the Winner for “Best Presented Annual Reports 2016” in the category of “Public Sector Entities” by the South Asian Federation of Accountants

22-Feb-2018

IDCOL financed it’s 1st Solar Rooftop Project with a target of financing 300 MWp Solar Rooftop Projects by 2021

15-May-2018

IDCOL signed MoU with Institute of Architects Bangladesh (IAB) to Implement the Green and Energy Efficient Building of IDCOL

30-May-2018

IDCOL signed 2nd Additional Financing of US$ 55 million under Rural Electrification and Renewable Energy Development Project II

07-Aug-2018

IDCOL signed Master Facility Agreement (MFA) with Bangladesh Bank for availing fund for Infrastructure projects under IPFF II

15-Oct-2018

IDCOL financed it’s 1st Utility Scale Power Project with 8 MW (AC) capacity

24-Dec-2018

IDCOL secured 3rd Position in “ICAB National Award for Best Presented Annual Reports 2017” in the category of “Public Sector Entities”

31-Dec-2018

IDCOL awarded as the Joint Winner for “Best Presented Annual Reports 2017” in the category of “Public Sector Entities” by the South Asian Federation of Accountants

30-Mar-2019

Installation of 50,000 biogas plants under IDCOL Biogas & Bio-fertilizer Program

15-May-2019

IDCOL received approval of USD 363,533 through a Project Preparation Facility (PPF) grant support from GCF for the program, “Promoting private sector investment through large-scale adoption of energy saving technologies and equipment for garment sector of Bangladesh.” which is 2nd of its nature for Bangladesh.

22-May-2019

IDCOL signed MoU with IDLC Finance Limited to promote low-cost long-term financing for environment friendly projects

14-Jun-2019

IDCOL received approval of USD 337,740 through a Project Preparation Facility (PPF) grant support from GCF for the project “Climate Resilient Sustainable Coastal Forestry in Bangladesh.” which is 3rd of its nature for Bangladesh.

07-Jul-2019

IDCOL received GCF approval for up gradation its accreditation for Grant instrument under which it will be able to channel grant component in climate change program/project for an amount up to USD 250.00 million.

09-Nov-2019

First ever gird integration of solar irrigation pump was inaugurated by SREDA chairman in an IDCOL financed project in Kushtia. The installation will be able to feed excess energy of idle hours of solar irrigation to national grid and increase project viability. The pilot project will also be the key element in formulation of national grid integration guideline for solar irrigation pumps

21-Nov-2019

IDCOL won the “Financial Innovation Awards 2019” under the category of Best Sustainable Finance Initiative for the Solar Irrigation Pump Project by The London Institute of Banking and Finance

30-Nov-2019

IDCOL secured SAFA Best Presented Annual Report Award 2018 in the category of Public Sector Entities

30-Nov-2019

IDCOL secured 3rd Position in “ICAB National Award for Best Presented Annual Reports 2018” in the category of “Public Sector Entities”

31-Dec-2019

IDCOL became the Highest Fund Arranger (USD 190 m) in Bangladesh for private sector projects

31-Dec-2019

IDCOL financed installation of 3,214MW through Independent Power Producer (IPP)

31-Dec-2019

Installation of 2 million Improved Cook Stoves (ICS) under IDCOL ICS Program

31-Dec-2019

Approval of 13 Rooftop Solar Projects with an aggregate capacity of 18.72 MW under IDCOL Rooftop Solar Projects

31-Dec-2019

COD of four solar PV based mini-grids with an aggregate capacity of 916 kWp under IDCOL Solar Mini-grid Projects

31-Dec-2019

Installation of 1,514 solar irrigation pumps which accumulates around 40 MWp in capacity