BERC Chairman Jalal Ahmed- Photo: Collected

DHAKA, June 20, 2026 (BSS) - Bangladesh Energy Regulatory Commission (BERC) Chairman Jalal Ahmed said the target of 7,000 megawatt (MW) electricity generation from renewable sources by 2030 will be achieved after proper implementation of the budget support proposed for the next fiscal year.

"This is the first time, the government included supports and incentives in the national budget for expansion of renewable energy in the country," he told BSS here today. 

Ahmed said that merchant power plants would also contribute to achieve the target of 7,000 for clean energy by 2030, if they will get facility, as the government has been considering amendment of the renewable energy policy 2025.

Under the renewable energy policy 2025, the government aims to meet 20 percent of total electricity demand from renewable sources by 2030 and 30 percent by 2040, he said.

According to the ministry information, the country's installed renewable energy generation capacity currently stands at 1,781.09 megawatts (MW).

It said 26 renewable energy-based power plants with a combined generation capacity of 1,172 MW are currently under construction across the country, while the tendering process is underway for 15 renewable energy projects with a total capacity of 665 MW, which are expected to be connected to the national grid by 2029.

The government has undertaken initiatives to ensure efficient and cost-effective energy use across the industrial, agricultural, and residential sectors, the ministry information said.

Besides, investment in energy and infrastructure will be expanded through public-private partnerships (PPP) to accelerate economic activity and support long-term growth, it said.

Speakers at a function recently said that the government would have to ensure investment-friendly environment in the country to expand renewable energy sector.

Long-term policy stability, grid modernization and investment in energy storage technologies are required to bring more investment in renewable energy sector, they said.

Referring the global renewable energy contribution in power generation, Lead Energy Analyst of Institute for Energy Economics and Financial Analysis (IEEFA) Shafiqul Alam said currently renewable energy contributes only 2.3 percent in Bangladesh, while average global contribution is about 34 percent. 

At the same time, he said that import dependence in the energy sector has increased significantly, adding, "If the proposal to exempt taxes and duties on import of solar panels, inverters, lithium batteries and related equipment is implemented, then the cost of installing rooftop solar power can be reduced by 15 to 20 percent." 

With proper implementation of the budget commitment, the use of solar power in industrial and commercial sectors will be increased, Alam said.

Besides, the government will introduce smart technologies and advanced energy management systems to modernize the national power grid, which will help resilience of energy infrastructure to meet future demand.