Infrastructure Development Company Limited (IDCOL), a fully government owned Public Limited Company and Non-bank Financial Institution has paid Taka 60 million as dividend to the government for 2008-2009 fiscal year.
Islam Sharif, Executive Director and CEO of the IDCOL, has handed over a cheque for the amount to Finance Minister Abul Maal Abdul Muhith at his ministry here. IDCOL is one of the few government owned entities operating independently and paying dividends to the government on a regular basis. IDCOL paid Taka 40 million as dividend to the government in the previous year. IDCOL finances large, medium and small infrastructure implemented in the private sector and is the largest organization working for the promotion of Renewable Energy in Bangladesh.