AB Bank Limited in collaboration with Target on the Socio Economic Development for Community (TSDC) and Pacific Solar and Renewable Energy Limited (PSREL) are going to install 25KW Solar Mini Grid at the village Sunchi in Tangail.
A Memorandum of Understanding (MoU) in this regard was signed among AB Bank Limited, TSDC and PSREL in Dhaka recently.
As per the MoU, over 300 families of Sunchi village will get the opportunity to utilise solar power to meet their daily electricity needs.
The Solar Mini Grid project is being financed by AB Bank under the Refinance Scheme of Bangladesh Bank.
Ahsan Afzal, Deputy Managing Director of AB Bank, Alok Roy, Executive Director of TSDC and Ibrahim Lodi, Managing Director of PSREL, signed the MoU on behalf of their respective organisations.
Shamim Ahmed Chawdhury, Deputy Managing Director, Badrul Haque Khan, Deputy Managing Director and senior officials of AB Bank, TSDC and PSREL attended the signing ceremony.