IIDFC has been involved in an Energy Efficiency Improvement project namely “Bangladesh Industrial Energy Efficiency Improvement Finance Program (BIEEFP)”. As the Executing Agency of the program, IIDFC arranged and completed Energy Audits in 120 industries from 06 different sectors. The audit concluded that, a total of USD 140 million investments in these industries to improve Energy Efficiency can result in annual savings of USD 43 million with a payback period of 03 years. This project has created scope for investment in energy savings in the energy scarce industrial sector of our country. IIDFC is also working with other development organizations in the Energy Efficiency Financing Sector.