BEXIMCO Industrial Park to install 9.23MW rooftop solar system

Date: July 3, 2024

Source: The Financial Express

 

Omera Renewable Energy Limited, a subsidiary of East Coast Group Company, has signed an agreement with BEXIMCO Group to install a 9.23 MW Grid-Tied Rooftop Solar System at BEXIMCO Industrial Park in Gazipur.

The Power Purchase Agreement (PPA) was signed at the East Coast Centre in Gulshan in Dhaka on Wednesday, reports UNB citing a press release.

Dilruba Chowdhury, director of East Coast Group, and Anil Kumar Maheshwari, chief financial officer of Beximco Textiles Division, signed the 20-year power purchase contract.

Amin Sabir Khan, executive director of Power Generation, Distribution and Utility, Saqib Shakoor, executive director of BEXIMCO and Masudur Rahim, chief executive officer, AKH Hasif Sowdagar, FCMA, FCA, chief financial officer, Capt. Minhazur Reza Chowdhury, chief operating officer, Khan Ashique Rahman, manager and Umme Jahan Mishi and assistant manager of East Coast Group, were present during the signing ceremony along with the project working and communication team.

Omera Solar with an aim of ‘Go green Today For A Brighter Tomorrow’ has already installed more than 60 MW of rooftop solar system on different industrial rooftops.

The company will install 9.23 MW Solar System which will generate 10.78 GWh of clean electricity each year which will ensure TK 104.46 million financial savings yearly across electricity bills for BEXIMCO ensuring 7,223 tonnes of CO2 emissions reduction, each year.

With the reduced utility cost of business infrastructures, rooftop solar system is the wheel to move towards the nation’s vision of sustainability.