Infrastructure Development Company Limited (IDCOL) has signed a contract with Ernst & Young LLP, India under ‘Energy Efficiency & Conservation Promotion Financing Project’. As per the contract, Ernst & Young will support IDCOL in identifying, appraising and financing eligible energy efficient projects in Bangladesh and also carry out capacity building activities for IDCOL emploees. The Project, funded by JICA, is expected to promote energy efficient industrial equipment in Bangladesh and reduce electricity load in national grid.
Mr. Mahmood Malik, Executive Director & CEO, IDCOL and Mr. Sanjoy K Gupta, Partner, Advisory – Government & Public Sector, Ernst & Young LLP, India signed the contract on behalf of their respective organizations on 01 August, 2017 at IDCOL Head Office, Dhaka. Other senior officials of IDCOL were also present.