Bangladesh proposes import duty, VAT exemptions for solar products

Source: https://www.pv-magazine.com/2025/02/06/bangladesh-proposes-import-duty-vat-exemptions-for-solar-products/

"It would also cover all renewable resources, including solar, onshore and offshore wind, geothermal, biomass, biogas, green biofuels, waste-to-energy, hydro, ocean and tidal waves, green hydrogen, and hybrid systems.

The draft said the proposed policy includes energy storage systems and allows for integrating existing or emerging technologies developed during its implementation."

My take: Unfortunately, the new draft lacks any mention of nuclear energy. However, I believe that, like other countries that have shut down or sought to phase out nuclear power, Bangladesh will ultimately reevaluate its position in the future, even if it may be too late by that time.

Moreover, biomass, biogas, green biofuels, ocean and tidal waves, green hydrogen, and hybrid systems are nowhere near ready to take the place of fossil fuel and nuclear.