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Green Glory: Idcol Clinches Four Honors at Asian Banking & Finance Awards 2025

Updated: July 18, 2025 10:34

Image Source : Youtube
Infrastructure Development Company Limited (Idcol) has emerged as a regional leader in sustainable finance, bagging four prestigious accolades at the Asian Banking & Finance (ABF) Awards 2025 held in Singapore. The awards recognize Idcol’s pioneering role in climatesmart infrastructure and green energy financing across South Asia and Africa.
 
Award Wins:
  • Green Deal of the Year for managing a $20 million fund under the Malawi Electricity Access Project, boosting offgrid energy in East Africa
  • Project Infrastructure Finance Deal of the Year in Bangladesh for funding a 115 MW Independent Power Plant in the north, benefiting over 500,000 households
  • Domestic Project Finance Bank of the Year for financing a solar park in Sirajganj, expected to offset 73,800 tons of CO₂ annually
  • Green Financing Bank of the Year in Bangladesh for its Solar Rooftop Program, supporting 48 projects totaling 163 MWp
Strategic Impact:
  • Idcol’s initiatives align with national development goals and global climate priorities
  • The company’s work spans industrial decarbonization, energy access, and inclusive infrastructure
Leadership Voice:
Executive Director & CEO Alamgir Morshed emphasized Idcol’s commitment to structuring commercially viable and socially inclusive investments
 
These awards solidify Idcol’s reputation as a transformative force in sustainable finance, setting benchmarks for innovation and impact in emerging markets.
 
Sources: Dhaka Tribune, The Business Standard, Asian Banking & Finance Magazine, MSN India, The Hindu BusinessLine

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