The interim government of Bangladesh has scrapped 37 solar power projects involving 14 countries, citing irregularities and politically motivated approvals during the Awami League's tenure.
The canceled projects had a combined capacity of 3,287 MW and included investments from China (4 projects), Singapore (7), India (1), and the United States (1). This move puts approximately $6 billion in potential investment and $300 million in sunk costs at risk.
Chinese investors have expressed concern and called for a peaceful resolution. Energy experts stressed the need for policy stability and stronger coordination from the Bangladesh Investment Development Authority (BIDA).