AkijBashir Group, one of Bangladesh’s leading diversified industrial conglomerates, has reaffirmed its long-term commitment to sustainability by announcing a bold target to power all its operations with 100% renewable energy by 2030.
The Group formalized this ambition through a strategic partnership with the Infrastructure Development Company Limited (IDCOL), celebrated at a special event held at the Sheraton Dhaka. The collaboration reflects a shared vision to advance industrial sustainability through energy efficiency and renewable energy initiatives.
In recent years, IDCOL has financed multiple sustainability projects under AkijBashir Group, particularly through its Energy Efficiency and Rooftop Solar Financing Programmes. These initiatives have helped deploy over 90 MWp of industrial rooftop solar capacity across the Group’s entities, 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 Programme to establish a state-of-the-art, energy-efficient glass manufacturing facility, reinforcing the Group’s commitment to responsible industrial practices.
In a landmark development, Janata Jute Mills Ltd, located in Boalmari, Faridpur, is set to become the world’s first jute mill to operate entirely on renewable energy by the first quarter of 2026. The Group also aims to generate 1,000 MWh of renewable energy per day by 2027, further accelerating its journey toward carbon neutrality.
The event was attended by Taslim Md Khan, Managing Director, AkijBashir Group, and Alamgir Morshed, Executive Director and CEO, IDCOL, along with senior officials from both organizations.
Mr. Taslim Md Khan stated,
“We are proud to partner with IDCOL in our journey towards industrial sustainability. These projects not only reduce our carbon footprint but also demonstrate our commitment to responsible growth and innovation. AkijBashir Group aims to be powered entirely by renewable energy across all manufacturing facilities by 2030.”
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Echoing the sentiment, Alamgir Morshed added,
“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 underscores AkijBashir Group’s vision, Beyond Tomorrow — championing sustainability, innovation, and industrial excellence to build a cleaner, more resilient future for Bangladesh’s manufacturing sector.
