Rancon, Aus Bangla Jutex pen deal for solar power plant

By Star Business Desk
13 November 2023, 16:06 PM
UPDATED 14 November 2023, 20:13 PM
Rancon Infrastructures & Engineering Ltd (RIEL) recently signed an agreement with Aus Bangla Jutex Ltd for the installation of a 151.96 kWp rooftop solar power plant.

Rancon Infrastructures & Engineering Ltd (RIEL) recently signed an agreement with Aus Bangla Jutex Ltd for the installation of a 151.96 kWp rooftop solar power plant.

Mohammad Moniruzzaman, chief executive officer of RIEL, and Rezwan Ahmed, chief executive officer of Aus Bangla Jutex, inked the deal at the latter's Baridhara DOHS office in Dhaka, said a press release.

The new solar power plant is expected to reduce Aus Bangla Jutex's carbon footprint by 100 tonnes annually, solidifying their position as leaders in environmentally-conscious manufacturing.

This partnership marks a significant step forward in sustainable practices, read the press release.