Photo: Collected
Metropolis Report-
BUET (Bangladesh University of Engineering and Technology) will power 25% of its infrastructure with solar energy.
BUET recently signed a contract with Genex Infrastructure Limited to install the roof-top solar panels.
According to the deal, Genex will provide 24 of BUET’s 100 buildings with rooftop solar panel systems as an alternate power source.
These systems would have a 3 Mega Watt maximum generation capacity.
Genex will also extend financing to Energy Performance Contracting (EPC), an innovative method of capital improvement that enables funding for cost-effective energy upgrades, under BUET’s supervision.
Under the agreement, for the next 25 years, BUET will use Genex’s electricity and pay the bill at a pre-agreed rate that is less expensive than the current DPDC rate.
