BVCL Forum

Investment Opportunity => Finance & Accounts => Topic started by: monowarkamal on February 27, 2018, 07:08:36 AM

Title: IDCOL to raise $63m for a power project
Post by: monowarkamal on February 27, 2018, 07:08:36 AM

IDCOL to raise $63m for a power project of Acorn Infrastructure
Star Business Desk
The Infrastructure Development Company Ltd (IDCOL) has recently been mandated for raising $63 million term loan for a 100 Megawatt heavy fuel oil fired power project of Acorn Infrastructure Services Unit-2 Ltd (AISLII).

IDCOL CEO Mahmood Malik, Director for Investment Nazmul Haque, AISLII Managing Director Tarique Ekramul Haque and Group CEO M Jahangir Alam signed the term sheet for the project located in Julda of Chittagong, at the head office of IDCOL in Dhaka on February 19.

http://www.thedailystar.net/business/idcol-raise-63m-power-project-acorn-infrastructure-1540783