IPDC signs MoU with FloWater Solutions

IPDC Finance Limited signed a Memorandum of Understanding (MoU) with FloWater Solutions Limited (FloWater), one of the environment companies providing effluent treatment plants (ETP), sewage treatment plants (STP) and water treatment plants (WTP), at IPDC Finance head office recently, said a statement.

Mominul Islam, CEO of IPDC Finance Ltd and Mustafa Azim Kasem Khan, Managing Director of FloWater Solutions Ltd signed the agreement on behalf of their respective organisations.

FloWater also offers Industrial Rooftop Solar for various factories with large rooftop space all over Bangladesh.

Under this MoU, IPDC will offer financing and strategic support to sustainable energy projects in collaboration with FloWater Solutions Ltd. Also, IPDC will work to explore the possibility for collaboration on the industrial rooftop solar PV platform company promoted by FloWater in Bangladesh to offer an OPEX or PPA model for credit worthy clients.

The signing ceremony was also attended by Rizwan Dawood Shams, DMD and Head of Business Finance; Jumaratul Banna, Head of Local Corporate; Abdul Mabud Tushar, Head of Supply Chain Finance and Sajjad Hossain Chowdhury, Head of Channel Management along with other high officials of IPDC Finance Limited. From FloWater Solutions Limited, Ms. Anna Maria Ladosz, Co-Founder and Chairman and Mr. Ahamed Imtiaz, Co-Founder and Director were present at the ceremony.