Intraco Group, headquartered in Dhaka, Bangladesh, is a diversified conglomerate with a dynamic presence across energy, hospitality, real estate, and entertainment sectors. Since its inception, the group has played a pivotal role in advancing Bangladesh’s infrastructural and economic development, particularly in the clean energy space. Its ventures demonstrate a strong commitment to innovation, sustainability, and national progress.
Core Business
The core operations of Intraco Group revolve around energy solutions, with significant contributions in the liquefied petroleum gas (LPG) and compressed natural gas (CNG) refueling sectors. In addition, it operates landmark hospitality properties, real estate ventures, and eco-tourism destinations, making it one of the most versatile business groups in Bangladesh.
Product and Service Offerings
Intraco Group has built a multi-industry portfolio with the following operational divisions:
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Energy Division:
- Intraco Refueling Station PLC: One of Bangladesh's largest operators of CNG refueling stations with over 100 outlets nationwide.
- Intraco LPG Ltd.: Specializes in bottling and distribution of liquefied petroleum gas for domestic and industrial use.
- Intraco Solar Power Ltd.: Focused on developing utility-scale solar power projects in alignment with Bangladesh’s renewable energy targets.
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Hospitality Division:
- Hotel Agrabad, Chattogram: One of the oldest and most reputed 4-star hotels in the port city.
- Days Hotel Dhaka: A premium international hospitality venture under the Wyndham brand.
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Real Estate Division:
- Intraco Properties Ltd.: Specializes in commercial and residential development projects across Dhaka and Chattogram.
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Entertainment & Eco-tourism:
- Butterfly Park Bangladesh: A unique family-oriented attraction in Chattogram promoting biodiversity and nature education.
Specialization and Core USP
Intraco Group’s core competency lies in integrating sustainability and growth across all its operations. Its key USPs include:
- Market Leadership in CNG and LPG: Intraco is a dominant player in the alternative fuel segment in Bangladesh, enabling cleaner transportation and cooking solutions.
- First-Mover in Solar Utility Projects: Through Intraco Solar Power Ltd., the group is leading the shift towards renewables in alignment with government goals to achieve 10% renewable energy mix by 2025.
- Strategic Real Estate Projects: Properties developed in high-demand urban zones add substantial value to investors and residents alike.
- Diversified Portfolio: Risk-balanced operations across energy, real estate, hospitality, and tourism sectors.
Financials
While Intraco Group is privately held, publicly available data from its energy arm provides insights into its financial performance:
- Intraco Refueling Station PLC Revenue (FY 2022–23): BDT 1.27 billion (~$11.5 million USD)
- Group Turnover Estimate (2023): BDT 6–7 billion (~$55–65 million USD)
- Profit After Tax (Refueling Division): BDT 92 million (~$830,000 USD)
- Employee Strength: 600+ across all group subsidiaries
Shipments and Global Reach
Although primarily focused on domestic operations, Intraco sources LPG through import terminals and partners with international suppliers:
- LPG Import Volume (2022): Over 15,000 metric tons
- Solar Equipment Procurement: Imported from Germany, China, and India
- International Hospitality Brands: Strategic franchise with Wyndham Hotels (Days Hotel Dhaka)
Target Market
Intraco caters to a wide and diverse customer base:
- Energy Sector: Urban and rural households, transport fleet operators, commercial LPG users
- Hospitality Sector: Business travelers, tourists, corporate clients, international delegations
- Real Estate: Mid- to high-income buyers and commercial tenants
- Eco-tourism: Families, students, nature enthusiasts, and tourists
Capabilities
The group possesses comprehensive operational capabilities:
- Nationwide Distribution Network: Extensive presence in CNG and LPG infrastructure
- Solar Project Engineering & Installation: Expertise in EPC contracts for solar parks
- Hospitality Management: International-standard service delivery and property management
- Real Estate Development: In-house architecture, construction, and project management teams
Certifications and Compliance
Intraco Group maintains strict adherence to industry and safety standards:
- BSTI Approval for LPG bottling and distribution
- Petrobangla Licensing for CNG operations
- DoE Environmental Clearance for energy and infrastructure projects
- Safety and Fire Compliance per government and international norms
Additionally, its listed entity—Intraco Refueling Station PLC—is regulated by the Bangladesh Securities and Exchange Commission (BSEC).
Customer Testimonials
"We've worked with Intraco on several solar projects and have consistently found them to be technically competent and reliable."
– Engineer, Bangladesh Power Development Board (BPDB)
"Intraco's LPG service is both timely and efficient. The transition from traditional fuel to LPG has been seamless."
– Industrial LPG Customer, Narayanganj
Major Achievements
- Commissioned Multiple Solar Power Projects in 2022 and 2023 totaling over 20 MW.
- Public Listing of Intraco Refueling Station PLC on the Dhaka Stock Exchange.
- Expanded LPG Distribution Network to rural and underserved areas.
- Recognized for Best Eco-Tourism Site for Butterfly Park Bangladesh by local tourism bodies.
- Launch of Days Hotel Dhaka in collaboration with Wyndham Hotels & Resorts.
Intraco Group continues to be a key contributor to Bangladesh’s economic growth, offering future-ready solutions in energy, real estate, hospitality, and sustainable tourism.