| A financing agreement has been signed between Infrastructure Development Company Ltd. (IDCOL) and Sustainable Energy & Agro-resource Limited (SEAL) for setting up of a 400-KW rice husk gasification-based power generation and silica production plant project. Mr. Islam Sharif, Executive Director and CEO, IDCOL and Mr. Abul Fazal, Managing Director, SEAL signed the agreement on behalf of their respective organizations.
So far, this is the largest rice husk gasification based power generation project in Bangladesh. A unique feature of the project is that it will not emit any carbon-di-oxide (CO2) to the atmosphere. CO2 produced from gasification process will be used in the precipitated silica plant. Once completed, its annual silica production capacity is expected to be 918 tonnes. Generated electricity will be supplied to the silica production plant and a nearby poultry hatchery, thirty irrigation pumps, a cold storage and/or few rice mills in the area.
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