BSS, Dhaka :
Infrastructure Development Company Limited (IDCOL) Thursday signed a financing agreement with Mazand Consortium Limited (MCL) for setting up five solar irrigation pumps in the country.
Under the Project, the MCL will install four pumps in Jessore district and one in Jhenaidah, which is expected to provide water to 1,556 bighas of land for irrigation, said a press release. Total cost of the project is Taka 25.13 crore.
The IDCOL will provide 40 percent of the project cost as soft loan and 40 percent as grant under IDCOL’s Renewable Energy Program.
