Bizdata Insights Main Logo

BizData Insights

Rancon and Montrims Ink Deal for Rooftop Solar Plan

Industry: Energy & Power, RMG, RMG & Textile, Solar & Alternative Energy
Company: Montrims Ltd., Rancon Infrastructures and Engineering Limited (RIEL
Company Intelligence Tag: Partnership Insights

Rancon Infrastructures and Engineering Limited (RIEL) has entered into a contract with Montrims Limited to construct a 2.5MWp rooftop solar power plant at Montrims’ facility in Gazipur. The agreement underscores RIEL’s focus on sustainable energy solutions and signifies a strategic move within the renewable energy sector. This collaboration aligns with the increasing industry trend toward adopting eco-friendly power sources. The project’s implementation at Montrims’ factory in Mouchak, Kaliakoir, highlights the potential benefits of solar energy adoption for industrial entities. The partnership aims to enhance the use of renewable energy and contribute to the broader effort of promoting sustainable practices within the business landscape.

Source for more details:

Related News

My Fuel Pump Receives Final Nod from BPC for Home Fuel Delivery

July 11, 2024

My Fuel Pump Limited has received final approval from the Bangladesh Petroleum Corporation (BPC) to provide doorstep fuel delivery. This innovative service aligns with Prime Minister Sheikh Hasina's vision of a 'Smart Bangladesh' by 2041, showcasing the company's dedication to innovation and customer service in the energy sector

Social Islami Bank Partners with CBL Money Transfer

July 11, 2024

Social Islami Bank has entered into a remittance agreement with CBL Money Transfer, Malaysia. The agreement, signed on July 9, 2024, at CBL Money Transfer's head office in Kuala Lumpur, aims to facilitate easier and more efficient remittance services for beneficiaries of Social Islami Bank.

Bangladesh Bank and Shimanto Bank Forge LTFF Agreement

July 11, 2024

Shimanto Bank has signed an agreement with Bangladesh Bank to participate in the Long Term Financing Facility (LTFF) in foreign currency (USD). This program is designed to support export-oriented industries in establishing new projects and expanding existing ones.

NRB Bank Partners with Dhaka Regency Hotel

July 11, 2024

Dhaka Regency Hotel & Resort and NRB Bank have forged a Memorandum of Understanding (MoU) to introduce exclusive offers across their various outlets. Signed at NRB Bank's Head Office, the MoU signifies a strategic partnership aimed at enhancing guest experiences and providing unique benefits to NRB Bank's esteemed customers. This collaboration aims to create a mutually beneficial relationship by leveraging the strengths of both entities in hospitality and banking sectors, promising enhanced services and opportunities for patrons and clients alike.

DESCO Issues 607.69 Million Preference Shares

July 11, 2024

DESCO has been authorized by the stock market regulator to issue preference shares to the government, totaling over 607.69 million shares at Tk 10 each, to fulfill regulatory requirements. These preference shares, not impacting existing shareholders' equity, will prioritize dividends over common stocks but do not grant cumulative dividend rights.

BRAC Bank and CEAB Partner to Open China Desk

July 11, 2024

BRAC Bank and the Chinese Enterprise Association in Bangladesh (CEAB) recently signed an agreement to establish a dedicated "China Desk" to better serve CEAB members. The China Desk, staffed by Mandarin-speaking professionals, will provide tailored support to the Chinese business community in Bangladesh.

Related News

My Fuel Pump Receives Final Nod from BPC for Home Fuel Delivery

July 11, 2024

My Fuel Pump Limited has received final approval from the Bangladesh Petroleum Corporation (BPC) to provide doorstep fuel delivery. This innovative service aligns with Prime Minister Sheikh Hasina's vision of a 'Smart Bangladesh' by 2041, showcasing the company's dedication to innovation and customer service in the energy sector

Social Islami Bank Partners with CBL Money Transfer

July 11, 2024

Social Islami Bank has entered into a remittance agreement with CBL Money Transfer, Malaysia. The agreement, signed on July 9, 2024, at CBL Money Transfer's head office in Kuala Lumpur, aims to facilitate easier and more efficient remittance services for beneficiaries of Social Islami Bank.

Bangladesh Bank and Shimanto Bank Forge LTFF Agreement

July 11, 2024

Shimanto Bank has signed an agreement with Bangladesh Bank to participate in the Long Term Financing Facility (LTFF) in foreign currency (USD). This program is designed to support export-oriented industries in establishing new projects and expanding existing ones.

NRB Bank Partners with Dhaka Regency Hotel

July 11, 2024

Dhaka Regency Hotel & Resort and NRB Bank have forged a Memorandum of Understanding (MoU) to introduce exclusive offers across their various outlets. Signed at NRB Bank's Head Office, the MoU signifies a strategic partnership aimed at enhancing guest experiences and providing unique benefits to NRB Bank's esteemed customers. This collaboration aims to create a mutually beneficial relationship by leveraging the strengths of both entities in hospitality and banking sectors, promising enhanced services and opportunities for patrons and clients alike.

DESCO Issues 607.69 Million Preference Shares

July 11, 2024

DESCO has been authorized by the stock market regulator to issue preference shares to the government, totaling over 607.69 million shares at Tk 10 each, to fulfill regulatory requirements. These preference shares, not impacting existing shareholders' equity, will prioritize dividends over common stocks but do not grant cumulative dividend rights.

BRAC Bank and CEAB Partner to Open China Desk

July 11, 2024

BRAC Bank and the Chinese Enterprise Association in Bangladesh (CEAB) recently signed an agreement to establish a dedicated "China Desk" to better serve CEAB members. The China Desk, staffed by Mandarin-speaking professionals, will provide tailored support to the Chinese business community in Bangladesh.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here