Infrastructure Development Company Limited (IDCOL) won the prestigious Karlsruhe Sustainable Finance Awards 2020 in the 'Outstanding Sustainable Project Financing' category for implementing Solar Irrigation Pump (SIP) project in Bangladesh.
The award was given by European Organisation for Sustainable Development (EOSD), a dedicated body for developing projects that contribute in implementing the EU strategy for sustainable development, according to a press statement issued by the company.
M Murshidul Huq Khan, minister (political) of the Bangladesh Embassy in Germany recently received the award and the certificate of merit on behalf of IDCOL at Karlsruhe in Germany.
Mahmood Malik, executive director and CEO, SM Monirul Islam, deputy CEO and CFO, and other senior officials of IDCOL virtually joined the award giving ceremony.
Some of other award recipients include Tekun Nasional Malaysia, Credit Guarantee Corporation Malaysia, Environmental Investment Fund of Namibia, Uganda Development Bank Ltd.