IDCOL, Square group celebrate 7.51 mwp rooftop solar partnership
Infrastructure Development Company Limited (IDCOL), in partnership with Square Group, has celebrated the implementation of rooftop solar projects at Square Textiles PLC and Square Food & Beverage Limited.
Under the partnership, three rooftop solar projects with a combined installed capacity of 7.51MWp have been implemented since 2020. IDCOL provided financing and technical assistance for the projects, the organisations said. The installations are helping to reduce carbon emissions, lower energy costs, and improve energy efficiency across Square Group's industrial operations.
A joint celebration of the rooftop solar partnership was held on 8 February 2026 at Square Group's corporate office in Mohakhali, Dhaka.
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Alamgir Morshed, Executive Director and Chief Executive Officer of IDCOL, and Eric S Chowdhury, Director of Square Group, attended the event.
Also present from Square Group were Md Kabir Reza, Executive Director (Accounts and Finance); Muhammad Zahangir Alam, Executive Director (Finance and Strategy); Siraj Ahmmed, General Manager (Accounts and Finance); and Mohammad Aminur Rahman, Assistant General Manager (Accounts and Finance).
From IDCOL, attendees included Md Enamul Karim Pavel, Head of Renewable Energy, and Md Serajul Hossain, Senior Vice-President (Renewable Energy), alongside other officials.
Speaking at the event, Eric S. Chowdhury stated that Square Group remains committed to integrating clean, sustainable energy solutions into its operations. Alamgir Morshed stated that IDCOL continues to finance renewable energy and support private sector participation in Bangladesh's clean energy transition.
The organisations stated that the rooftop solar projects contribute to Bangladesh's renewable energy targets, and both parties expressed interest in expanding future collaboration in rooftop solar deployment, energy efficiency initiatives, and other clean energy investments.
