BTL belongs to Badsha Group. Established in 2004, Badsha Group, comprising four companies, is a family-owned business, founded by Mr. Md Badsha Mia who, along with his wife Mrs. Asma Begum, and his grown-up children Mr. Kamal Uddin, Ms. Sharmin Sultana and Mr. Mohiuddin Ahmed.                                                  

Total Project cost is estimated at US$160.9 million and is proposed to be financed with a debt to equity ratio of ~60:40 as follows: long-term debt of US$97.3 million and equity of US$63.7 million in the form of internal cash generation. IFC loans will be of US$40 million comprised of A Loan US$10 million, MCPP financing of up to US$10 million, IDA PSW BFF loan of US$20 million, with a tenor of 8 years including 2 years grace period. The balance US$57.3 million debt will be provided by other long term lenders.    

The Project is located in Habiganj, approximately 150 kms northeast of Dhaka City, in Bangladesh, an IDA country.                                              

This is a Category B project as per IFC’s Policy on Environmental and Social Sustainability (2012). The key E&S issues include:  (i) the company's management and monitoring systems to assess and manage E&S risks and impacts from its operations, as well as those related to the construction of new spinning facility and supply chains for the facilities covered under the project;(ii) consistent management of labor and working conditions, gender based violence,  freedom of association/collective bargaining and occupational health and safety (OHS) policies and practices ; (iii) resource efficiency (water and energy consumption); (iv) monitoring and management of air emissions, wastewater and solid/hazardous waste disposal; (v) life and fire safety management, emergency preparedness and response; and (vi) community health/safety/security issues and (vii) the company's stakeholder engagement activities related to E&S aspects.