Robi Axiata PLC. has signed a tripartite Memorandum of Understanding (MOU) with FloSolar Solutions Ltd. and GreenPower Asia to form a Special Purpose Vehicle (SPV) for the development and operation of a 100 MWp solar power park.
Perihane Elhamy Ahmed Metaweh, Chief Technology Officer, Robi Axiata PLC, Mustafa Azim Kasem Khan, Founder and Managing Director, FloSolar Solutions Ltd, and Pierrick Morier, President, GreenPower Asia signed the MoU on behalf of their respective organizations at the Robi Corporate Office today.
Under the groundbreaking partnership, several sites has been shortlisted. The final site location will be decided following a detailed feasibility study. The project will be executed under a Build-Own-Operate (BOO) model, marking a milestone in Robi's journey toward net-zero carbon emissions and accelerating its transition to clean energy.
The MoU has been signed in anticipation of the quick passage of the draft Merchant Power Plants (MPP) policy that enables private entities to develop and sell power without long-term government off-take agreements.
Once the MPP policy is framed, following all applicable formalities as laid down by the regulatory authorities concerned, Robi will procure power according to the company's requirements through a Corporate Power Purchase Agreement (CPPA), marking a transformative step in Bangladesh's renewable energy landscape. The event was graced by Robi Acting CEO & CFO M. Riyaaz Rasheed and Shahed Alam, Chief Corporate and Regulatory Officer of Robi. Mr. Julien Duer, Head of the Economic Department at the French Embassy in Dhaka, acknowledged and appreciated GreenPower Asia's strong investment intent in the project. Tashfiqul Alam Khan, Technical Director of FloSolar Solutions Ltd., was also present at the ceremony.
The initiative reinforces Robi's Environmental, Social, and Governance (ESG) commitments while supporting Bangladesh's renewable energy goals. By reducing operational costs and carbon emissions, the project sets a precedent for sustainable digital infrastructure development in the region. The project is expected to reduce 68,200 tons of co2/year.
The MoU also includes the scope to conduct a joint assessment to explore the possibility of generating electricity out of solar panels across 16,000 of Robi's BTS sites which are generally assumed to fulfill the technical criteria to set up such solar power installations.
The project brings together a globally reputed GreenPower Asia, a fully owned subsidiary of Volta Groupe from France which has already raised 100 million Euro and has an operating or in construction portfolio of 200 MWp with a project pipeline of 500 MWp.
FloSolar Solutions Ltd. is an emerging leader in the renewable energy sector and is making a shift in its strategy from an EPC company into a full-scale project developer, renewable energy asset manager.
"bdapps is committed to fostering innovation and building a robust digital future for Bangladesh," said Shihab Ahmad. "This summit provides a platform for young minds to showcase their creativity and contribute to the nation's technological advancement."
Shahed Alam highlighted bdapps' role in the country's tech ecosystem, stating, "bdapps is not only transforming Bangladesh's technology industry but also paving the way for youth entrepreneurship."
Shafiq Shamsur Razzaq elaborated on the summit's objectives: "The bdapps Innovation Summit will serve as a platform where young individuals can present digital ideas addressing practical issues in sectors like education, healthcare, agriculture, and climate change. This initiative aims to accelerate the development of innovative digital solutions and enrich the country's technology ecosystem."
Competition will unfold in multiple phases. Interested participants can register and submit their digital solutions through the official website, bdappsinnovationsummit.com. After some evaluation of the submissions, the top teams will participate in the grand finale scheduled for 19 June, where their innovative solutions will be assessed for feasibility, potential impact and showcased to audiences.
INNOVATION
The total prize money of the competition is 5 Lakh taka. Additionally all finalists will receive certificates and integration into the bdapps ecosystem.
bdapps, an initiative by Robi Axiata PLC, stands as one of Bangladesh's leading mobile application development platforms, providing local developers with tools, resources, and support to transform innovative ideas into reality.
