IDCOL, Square Group celebrate rooftop solar partnership

FE Team | Published: February 09, 2026 22:53:27

Infrastructure Development Company Limited (IDCOL), in partnership with Square Group, celebrated the successful implementation of rooftop solar power projects across Square Textiles PLC and Square Food & Beverage Limited, marking a significant milestone in the Group's sustainability journey.
Under this partnership, three rooftop solar projects with a combined installed capacity of 7.51 MWp have been implemented since 2020. IDCOL provided financing and technical assistance for the projects, says a press release.
The solar installations are contributing to reduced carbon emissions, lower energy costs, and improved energy efficiency across Square Group's industrial operations. A joint celebration of the solar rooftop partnership was held at the Square Group Corporate Office in Mohakhali, Dhaka, on Sunday.
Alamgir Morshed, Executive Director & Chief Executive Officer of IDCOL and Eric S. Chowdhury, Director, Square Group were present at the event. Also present from Square Group were Md. Kabir Reza, Executive Director - Accounts & Finance, Muhammad Zahangir Alam, Executive Director - Finance & Strategy, Siraj Ahmmed, General Manager - Accounts & Finance, and Mohammad Aminur Rahman, Assistant General Manager - Accounts & Finance.
Speaking at the event, Mr. Eric S. Chowdhury said that Square Group remains committed to integrating clean and sustainable energy solutions into its operations as part of responsible and future-focused industrial growth.
Mr. Alamgir Morshed stated that IDCOL continues to play a leading role in financing renewable energy and supporting private sector participation in Bangladesh's clean energy transition.