Easy loan proposed for self-financed renewable energy projects | The Daily Star
11:00 PM, June 30, 2009 / LAST MODIFIED: 11:00 PM, June 30, 2009

Easy loan proposed for self-financed renewable energy projects

Bangladesh Solar Energy Society placed yesterday a 14-point proposal including easy term loan for self-financed renewable energy projects before the government for the expansion of the sector amid increasing power crisis.
Secretary of the society Prof Saiful Haque placed the proposals at a press conference at Renewable Energy Research Centre at Dhaka University.
The society leaders welcomed the government's decision of withdrawing all types of tax and VAT on renewable energies this fiscal year and the Bangladesh Bank for declaring a revolving fund of Tk 200 crore with five percent interest on renewable energy projects.
They said Bangladesh enjoys geographically the advantage of using more solar energy.
Director of Renewable Energy Research Centre Prof Neem Chandra Bhowmik also spoke.

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