Renewable Energy Policy of Bangladesh
The Renewable Energy Policy of Bangladesh aims, among others, to:
- Harness the potential of renewable energy resources and disseminate its technologies.
- Encourage and facilitate investment in renewable energy projects.
- Develop sustainable energy supplies.
- Scale up contributions of renewable energy to electricity.
It provides for investment and fiscal incentives for renewable energy projects. Moreover, renewable energy projects are required to secure a regulatory license only if the capacity of the project is 5 MW or more. It also outlines the relevant institutional arrangements for its implementation, and resource and technology development for renewable energy.