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IDCOL to raise $63m for a power project

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monowarkamal:
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

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