Bangladesh, Oct. 14 -- State-owned Infrastructure Development Company Limited (IDCOL) is providing Tk 1.80 billion in financing to Walton Hi-Tech Industries for a 44.9-megawatt-peak (MWp) renewable energy portfolio comprising three rooftop, ground-mounted and floating solar projects at its industrial campus in Chandra, Gazipur.

IDCOL has already disbursed Tk 440 million, the company's acting Managing Director SM Monirul Islam told energy reporters during a site visit to Walton's industrial complex on Tuesday. The visit was organised by the Forum for Energy Reporters Bangladesh (FERB) in collaboration with IDCOL.

The largest component of the portfolio, the 33.8MW SRT-03 project, is under development and is expected to begin commercial o...