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Prime Minister Tarique Rahman on Wednesday said the government has set a target of generating at least 20 per cent of the country’s total electricity from renewable sources by 2030 and 30 per cent by 2040 as part of a broader plan to reduce dependence on imported fuel and strengthen energy security.
The prime minister disclosed the plan while answering a question from Meherpur-1 MP Md Tajuddin Khan during the Prime Minister’s Question Hour in Parliament.
The sitting resumed at 3:30pm with Speaker Hafiz Uddin Ahmed in the chair.
Tarique Rahman said the government had identified renewable energy as a priority sector in view of Bangladesh’s growing electricity demand and the need to reduce dependence on imported fuel.
He said a National Renewable Energy Development Strategy for 2026-2030 had been formulated, setting targets for expanding solar and other renewable sources.
Under the strategy, Bangladesh aims to generate 5,500MW of electricity from rooftop solar systems and another 4,500MW from ground-mounted solar projects by 2030, he said.
The government has also set a target of generating between 450MW and 550MW from other renewable technologies, including wind, waste-to-energy, hydropower, floating solar and agrivoltaics.
The prime minister said the government had introduced a range of fiscal incentives to accelerate investment in solar power.
He said essential equipment for solar power installations, including solar panels, inverters, batteries and mounting structures, had been granted conditional exemptions from customs duty, regulatory duty, supplementary duty, advance tax and advance income tax above 2 per cent.
Tarique Rahman also highlighted new incentives for rooftop solar power generation.
He said the maximum production cost of rooftop solar electricity with battery storage had been fixed at Tk8 per unit from September 1, 2026.
Taking into account a 20 per cent profit margin on production costs and an 11.25 per cent premium, the government has fixed the purchase price of electricity supplied to the national grid at Tk10.50 per unit, he said.
Under the Net Metering Guideline 2025, customers who install rooftop solar systems by February 28, 2027 and supply their surplus electricity to the national grid after meeting their own demand will receive Tk10.50 per unit for the electricity supplied to the grid for the following three years, until February 28, 2030.
The prime minister said the government had also introduced a series of policies and guidelines to expand renewable energy generation and encourage private sector participation.
These include guidelines for developing renewable energy projects on land owned by government agencies through public-private partnerships, the Private Participation Policy for Renewable Energy Power Generation 2025, the Renewable Energy Policy 2025, the Net Metering Guideline 2025 and the National Rooftop Solar Programme 2025.
The government has also prepared guidelines covering waste-to-energy projects, onshore wind power and carbon credit processing as part of its wider renewable energy expansion plan, he added.
