Land Acquisition and the Unbearable Delay of Solar ProjectsJune 27, 2022
Bangladesh should presently be a super attractive destination for international investment in solar energy. Even though it does not lag as much behind in terms of electricity production as it used to earlier, nearly all of the present generation is fossil fuel based.
Highlights of this note
- How did we get here?
- Yes, buying land is hard. But that’s not it.
- Commercial intermediation in land acquisition
- A closer look at the sponsors and the results
- Conclusions: what or who is to blame?
- Where do we go from here?
- Circular No. 06 dated 2 March 2023 issued by the Banking Regulation and Policy Department of the Bangladesh Bank on “Exemption from the General Credit Limit under Section 26B(1) of the Bank Company Act 1991 for Electricity Producing Companies”
- March 31, 2023
- Bill No. 06 dated 22 January 2023 issued by Bangladesh Energy Regulatory Commission (“BERC”) on “Amendment of the Bangladesh Energy Regulatory Commission Act 2003”
- January 25, 2023
- Parliament re-enacted the law named Bangladesh Oil, Gas and Mineral Corporation Ordinance, 1985 to Bangladesh Oil, Gas and Mineral Corporation Act 2022, dated 20 November 2022.
- November 23, 2022
- Parliamentary Amendment on Bangladesh Atomic Energy Commission 2017, dated 20 November 2022.
- November 21, 2022
- SRO No. 255-Law/2022, on “The Air Pollution Rules 2022”, dated 25 July 2022
- October 31, 2022