IDCOL finances rooftop solar project of Joules Power

Published : 06 Feb 2023 09:34 PM

Joules Power Ltd has implemented a 3.23 MWp rooftop solar project at Rupganj, Narayanganj on the rooftop of Comptex Bangladesh Limited, a concern of Robintex Group. 

Infrastructure Development Company Ltd (IDCOL) has provided concessionary loan and technical support for implementing the project, said a press release.

A celebration programme was arranged at IDCOL head office in Dhaka recently, where senior officials from both the organisations including Alamgir Morshed, Executive Director & CEO, IDCOL and Nuher Latif Khan, Managing Director, Joules Power Ltdwere present.

The project equipment includes solar panels from Trina Solar and inverters from Huawei, China. 

The project is expected to generate 3.7 GWh of electricity every year.

Comptex Bangladesh Ltd. will consume almost entire generation from the project and export any excess electricity to the national grid through Net-Metering arrangement.