Tag Archives: renewable

Govt signs $185m loan deal with WB to boost renewable energy

renewable

MNA Business Desk: The government of Bangladesh on Thursday signed a $185 million financing agreement with the World Bank to add about 310MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and cleaner air in the country. The Economic Relations Division (ERD) Secretary Monowar Ahmed and World Bank Acting Country Director for Bangladesh and Bhutan Dandan Chen signed the loan agreement for the “Scaling up Renewable Energy Project” on behalf of their respective sides at the NEC-2 Conference Room in the city’s Sher-e-Bangla Nagar. The $185 million credit also includes a $26.38 million loan and a $2.87 ...

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