The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1. 2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy. . ge, according to the Ministry of Energy. It also includes a summary of indicative policy and regulation actions and interventions that may be considered to enable the deployment of energy roadmapfor the technolo that dates back over two thousand years. Engineers, investors, and politicians are. . Bangladesh's government has proposed exempting renewable energy equipment, including energy storage systems, from import duties and value-added tax (VAT) under its draft Renewable Energy Policy 2025. If approved, the provisions would take effect upon publication in the country's official gazette. The Institute for Energy Economics and Financial Analysis (IEEFA) published the report on Wednesday. . With electricity prices soaring 18% since 2022 and daily power outages lasting 6-8 hours, Bangladeshi families are urgently seeking backup power solutions.
