The government of Bangladesh has set a target to generate 10,000 megawatts of electricity from solar power by 2030. Cabinet Secretary Dr. Nasimul Gani announced the plan during a briefing at the Secretariat following a cabinet meeting on Thursday night. The estimated production cost is expected to range between four and eight taka per unit. The initiative also includes discussions on biogas and wind energy as part of the broader renewable energy expansion.

According to the cabinet secretary, the government will use state-owned land to implement large-scale renewable energy projects, allowing participation from private investors. A committee has been formed to begin work shortly after final approval, with possible policy revisions and new legislation to expedite implementation. The government aims to simplify existing policies to create a more investment-friendly environment.

Dr. Gani added that both small and large-scale projects are being considered on government land near educational institutions and hospitals. The government also plans to increase private sector involvement in major power projects while ensuring easier investment procedures with state support.