Favourable tax policy for the expansion of the renewable energy sector is essential to achieving the Prime Minister’s goal of obtaining 40 per cent of the nation’s energy from renewable sources, said Dr Atiur Rahman, former governor of Bangladesh Bank.
According to him, a significant obstacle is being created by the hefty import customs and taxes that are now placed on input solar energy systems.
This was said during a pre-budget seminar titled Favourable tax policies for renewable energy sector in the National Budget, which was chaired by Dr. Atiur Rahman.
The panel discussants in the session organised by Unnayan Shamannay were BIBM Faculty Member and green finance expert- Khondker Morshed Millat, Director of the Institute of Energy, University of Dhaka- Dr Nasif Shams, and internationally acclaimed renewable energy entrepreneur Dipal C Barua.
Representatives from think tanks and civil society organisations along with media professionals and renewable energy sector stakeholders participated in the discussion session, says a media release.
Dr. Atiur went on to say that the cost of establishing a solar system might be lowered by 8 to 11 per cent if customs and taxes on inputs like solar inverters and panels were eliminated.
In light of this, he thinks that in order to support solar energy in Bangladesh, these taxes and tariffs ought to be eliminated entirely or at the very least drastically lowered in the upcoming National Budget.
Without the appropriate tax breaks, solar energy entrepreneurs won’t be able to take use of the green financing options offered by NBFIs and commercial banks, Khondker Morshed Millat continued.
According to Dr Nasif Shams, tax incentives are necessary to lower the cost of solar energy systems, which will significantly raise the demand for solar energy in Bangladesh.
Bharat Tex Special Report 2026 
