PHOTO: AKIJBASHIR GROUP

STAR BUSINESS DESK

AkijBashir Group, one of the leading diversified industrial conglomerates in Bangladesh, has entered into a strategic partnership agreement with Infrastructure Development Company Limited (Idcol) to strengthen its commitment to a greener industrial future.

The collaboration, announced at an event held at Sheraton Dhaka, reflects a shared vision to advance industrial sustainability through energy efficiency and renewable energy initiatives, according to a press release.

Taslim Md Khan, managing director of AkijBashir Group, and Alamgir Morshed, executive director and CEO of Infrastructure Development Company Limited, attended the programme.

“We are proud to partner with Idcol in our journey toward industrial sustainability,” Khan said at the event. “These projects not only reduce our carbon footprint but also demonstrate our commitment to responsible growth and innovation.”

“Together, we are setting a benchmark for the future of the green industry in Bangladesh,” he added, noting that the group aims to power all its manufacturing facilities across the country with 100 percent renewable energy by 2030.

Echoing his sentiment, Morshed said, “Our collaboration with AkijBashir Group demonstrates how targeted financing can accelerate the transition to low-carbon growth while enhancing operational efficiency and competitiveness.”

Over the past few years, Idcol has financed multiple sustainability projects under AkijBashir Group, particularly through its Energy Efficiency and Rooftop Solar financing programmes.

These initiatives have enabled the installation of over 90 megawatt-peak (MWp) of industrial rooftop solar capacity across several entities within the group -- with more than 60 MWp already operational -- making it one of the largest private-sector solar portfolios in Bangladesh.

Notably, Akij Glass Industries Ltd received financing under Idcol’s energy efficiency programme to establish an advanced, energy-efficient glass manufacturing facility, reflecting the group’s continued focus on responsible industrial practices.

The group also announced that Janata Jute Mills Limited in Boalmari, Faridpur, is set to become the first jute mill in the world to run entirely on renewable energy by the first quarter of 2026.

AkijBashir Group further aims to generate 1,000 megawatt-hours (MWh) of renewable energy per day by 2027 as part of its long-term sustainability roadmap.