GDIC signed tri-party MoU to hunt idea competition for renewable energy

Business Desk :
Green Delta Insurance Company (GDIC) has signed a MoU with Power Cell of Ministry of Power Energy & Mineral Resources (MoPEMR) & Young Bangla to launch the second chapter of nationwide idea hunt competition for renewable energy named Bicchuron 2.0, which is continuation of the same effort made before pandemic in 2019. The tri-party agreement was signed at the CRI office in the capital recently which entails the agreement to work in collaboration to find, promote and nurture new innovations, talent, and solutions for renewable energy. Just like the previous chapter of Bicchuron in 2019, Young Bangla (youth network of CRI) will act as the mobilizing force for the project titled “Bicchuron 2.0” all across the country. The MoU signing ceremony was held in the presence of State Minister for Power, Energy and Mineral Resources the Minister Nasrul Hamid, where the signatories of the MoU were Mohammad Hossain (Director General, Power Cell, Power Division, MPEMR), Farzanah Chowdhury, Managing Director & CEO of GDIC and Md Roshidul Hasan, Team Leader of Young Bangla, CRI.
At the initial stage of the competition, hundred (100) ideas will be selected from submissions from across the country, who will be provided with technical, strategic and logistics knowledge through a rigorous boot camp to roll out an easily scalable and implementable energy production solution.
At the last stage/grand finale following the residential boot camp, Five (5) to ten (10) projects will be selected finally by an expert committee for consideration for financial support and execution at the community level. These winning projects will be funded for commercial operation and scaling up the idea to a sustainable business model.