Genex Infrastructure to develop BUET solar power system

Genex Infrastructure inked a deal with the Bangladesh University of Engineering and Technology (Buet). 

Under this agreement, Genex will deliver roof-top solar panel systems as an alternative source of power to 24 buildings out of the 100 structures of the top engineering institution in the country, thus generating a maximum of 3-megawatt power, reads a press release.

Additionally, Genex will extend financing to Energy Performance Contracting (EPC), a form of creative financing for capital improvement which allows funding for cost-effective energy upgrades, under Buet’s supervision.