AkijBashir Group targets 100% renewable energy by 2030
AkijBashir Group, one of Bangladesh's leading diversified industrial conglomerates, has reinforced its commitment to a greener industrial future through a strategic partnership with Infrastructure Development Company Limited (IDCOL).
The collaboration, celebrated at an event at Sheraton Dhaka, highlights a shared vision to advance industrial sustainability through energy efficiency and renewable energy initiatives.
In recent 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 deployment of more than ninety MWp of industrial rooftop solar capacity across the Group's entities, with over sixty MWp already operational, making it one of the largest private-sector solar portfolios in Bangladesh.
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Notably, Akij Glass Industries Ltd received financing under IDCOL's Energy Efficiency Programme to establish a state-of-the-art, energy-efficient glass manufacturing facility, underscoring the Group's commitment to responsible industrial practice.
In a landmark announcement, Janata Jute Mills Ltd in Boalmari, Faridpur, is set to become the first jute mill in the world to operate entirely on renewable energy by the first quarter of 2026. The Group has also set an ambitious target to generate one thousand MWh of renewable energy per day by 2027, aligning with its long-term sustainability agenda.
The event was graced by Taslim Md Khan, Managing Director of AkijBashir Group, and Alamgir Morshed, Executive Director and CEO of IDCOL, along with senior officials from both organisations.
Mr Khan said: 'We are proud to partner with IDCOL in our journey towards industrial sustainability. These projects not only reduce our carbon footprint but also demonstrate our commitment to responsible growth and innovation. AkijBashir Group aims to be powered by 100 per cent renewable energy across its manufacturing facilities by 2030', he said.
Echoing the sentiment, Alamgir Morshed remarked: Our collaboration with AkijBashir Group shows how targeted financing can accelerate the transition to low-carbon growth while enhancing operational efficiency and competitiveness, he added.
This partnership underscores AkijBashir Group's vision Beyond Tomorrow—championing sustainability, innovation and industrial excellence for a cleaner, more resilient future.
