Bangladesh’s Minister of Power, Energy and Mineral Resources, Iqbal Hasan Mahmud Tuku, announced that the government will provide policy support to accelerate the country’s solar energy sector. Speaking at the inauguration of the Power, Energy and Infrastructure Expo at the Bangladesh-China Friendship Conference Center on Thursday, he said Bangladesh remains behind regional peers like India and Pakistan in renewable energy use. Under the direction of Prime Minister Tarique Rahman, a committee has been formed to finalize a policy framework aimed at driving rapid growth in solar and wind power.
The minister explained that the policy will simplify imports of solar equipment such as inverters, frames, and photovoltaic panels, while emphasizing battery storage systems to meet evening peak demand. He added that the government plans to reduce tax burdens on entrepreneurs and finalize the policy within the month, with cabinet approval expected by June. Bangladesh aims to generate 10,000 megawatts of renewable energy within five years.
Tuku also outlined plans to use rooftops in Dhaka and other cities for solar power generation through private investment, using net metering to benefit both entrepreneurs and building owners.