Under these agreements, Infrastructure Development Company Limited (IDCOL) will embrace US$ 2 million from a Asian Clean Energy Fund as great as US$ 1.3 million from ADB’s Special Fund.
These supports will be used for graduation of Solar Home Systems (SHS) as great as alternative renewable appetite projects in a farming areas of a country.
Earlier, a supervision perceived US$ 165 million from ADB underneath a Public Private Infrastructure Development Facility (PPIDF). The stream US$ 3.3 million is extra financing to a prior funds.
Saifuddin Ahmed, Joint Secretary of Economic Relations Division (ERD), as great as Thevakumar Kandiah, Country Director of ADB’s Bangladesh proprietor mission, sealed a loan agreement during NEC bureau during a formulation elect in a city.
IDCOL, along with a twenty-nine partner organizations, is implementing assorted renewable appetite programs, together with a many successful SHS program. So far, about a single million SHS have been financed. IDCOL has aim projects such as “solar irrigation pumps, solar mini-grid biomass gasification-based energy plants as great as biogas-based energy plants” to be implemented by 2014.