Incorporation of the Company

Licensing from Bangladesh Bank as NBFI

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

Commencement of the Solar Home System (SHS) Program

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

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

Registration with UNFCCC to avail CDM benefits under IDCOL SHS Program

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

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

Paid-up Capital reached to BDT 2,500 million 

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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.

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

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.

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.

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

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

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

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

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

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

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

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

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

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

Signing of IDCOL’s first credit facility with the Agence Française de Développement (AFD), France for EUR 100 million to finance energy efficient, renewable energy and environment friendly projects

IDCOL, as the Direct Access Entity (DAE) of Green Climate Fund (GCF), received approval for the first concessional GCF credit line for Bangladesh titled, “Promoting private sector investment through large scale adoption of energy saving technologies and equipment for Textile and RMG sectors of Bangladesh”.

Appointed by the Climate Vulnerable Forum for analyzing the Power Sector under the “Mujib Climate Prosperity Plan” of Bangladesh

IDCOL in consortium with Ricardo-AEA Limited, UK received funding from UK Government under its UK PACT Green Recovery Challenge Fund for identifying scalable business models and a financing ecosystem for businesses with an aim for Electric Vehicle uptake in Bangladesh

IDCOL signed participation agreement with Bangladesh Bank for utilizing ‘Technology Development/ Up-gradation Fund’ of BDT 1,000 crore for Export Oriented Industrial sectors.