Bangladesh weighs a Tk10bn funding shift for solar expansion as officials seek faster renewable capacity, private investment and rooftop systems to ease mounting power shortages. Bangladesh is considering shifting Tk10 billion (approximately $85 million) from a budget allocation originally earmarked for poverty alleviation programmes to finance solar power expansion as it searches for an immediate solution to persistent electricity shortages ahead of next summer’s peak demand. The proposal follows a Finance Division plan submitted to Prime Minister Tarique Rahman outlining short, medium and long-term measures to address the country’s growing energy challenges. Government sources said the Prime Minister may place the plan before Parliament during the ongoing session. The move comes as Bangladesh’s electricity system faces increasing pressure from gas shortages, higher fuel import costs and supply disruptions. The country’s reliance on imported fuels and conventional power generation has increased exposure to global fuel price volatility and supply disruptions. The proposed shift would mark an effort to use existing public funds for a faster renewable energy response rather than waiting for longer-term infrastructure projects. Tk10bn allocation under review The government allocated around Tk20 billion in the current budget for state-backed organisations involved in microcredit and poverty alleviation programmes. Amid continued...

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The prices of several vegetables, including eggplant, bitter gourd, okra, and pointed gourd, have increased by Tk10-15 per kg

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