AkijBashir Group and IDCOL Forge Strategic Partnership to Accelerate Industrial Sustainability
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 held at Sheraton Dhaka, highlights a shared vision of advancing industrial sustainability through energy efficiency and renewable energy initiatives.
Over the past few years, IDCOL has financed multiple sustainability projects under AkijBashir Group, particularly through its Energy Efficiency and Rooftop Solar financing programs. These initiatives have enabled the deployment of over 90 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 Program to establish a state-of-the-art, energy-efficient glass manufacturing facility, underscoring the Group’s continuous efforts toward responsible industrial practices.
In addition, AkijBashir Group announced a groundbreaking milestone in the country’s renewable energy landscape — Janata Jute Mills Ltd. in Boalmari, Faridpur, is set to become the first jute mill in the world to operate 100% on renewable energy within the first quarter of 2026. The Group also aspires to generate 1,000 MWh of renewable energy per day by 2027, driving its long-term sustainability agenda.
The event was graced by Mr. Taslim Md. Khan, Managing Director of AkijBashir Group, and Mr. Alamgir Morshed, Executive Director & CEO of IDCOL, along with senior officials from both organizations.
Speaking at the ceremony, Mr. Taslim Md. Khan stated: “We are proud to partner with IDCOL in our journey toward industrial sustainability. 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. AkijBashir Group aspires to be powered by 100% renewable energy in its manufacturing facilities across the country by 2030.”
Echoing the sentiment, Mr. 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.”
This partnership reflects AkijBashir Group’s continued pursuit of its vision Beyond Tomorrow—championing sustainability, innovation, and industrial excellence for a better future.
