Bangladesh will benefit from importing excess hydroelectricity produced in Nepal and Bhutan, anticipated Foreign minister Hasan Mahmud.
“The imported electricity from the two neighbouring countries will be cheaper,” he said as the chief guest of the 24th National Renewable Energy Conference on 22 May.
"Instead of fossil fuel-powered options, the hydroelectricity will help Bangladesh widen its renewable coverage near to 40% by 2040," the foreign minister added.
He also requested the Sustainable and Renewable Energy Development Authority (SREDA), to initiate amendment of the policies which hinder investment and expansion of solar-based electricity projects.
Chaired by Dhaka University Vice Chancellor Professor ASM Maksud Kamal, the opening session was addressed by Prime Minister's Office principal coordinator (SDG Affairs) Md Akter Hossain, SREDA chairman Munira Sultana, IDCOL chief executive officer Alamgir Morshed, Bangladesh Bank former director (sustainable finance) Khondkar Morshed Millat, Bangladesh Solar Renewable Energy Association (BSREA) president Nurul Aktar, GreenTech Foundation Bangladesh executive director Lutfor Rahman, among others.
SREDA, IDCOL, BSREA, WaterKeeper Bangladesh and USAID jointly hosted the two-day conference at Nabab Nawab Ali Senate Bhaban, DU.