6th May 2026
EP Report
The Sustainable and Renewable Energy Development Authority (SREDA) has formally moved to dismantle the “punitive” fiscal barriers currently choking the nation’s solar expansion, according to its Director Engr Md Muzibur Rahman.
An official said SREDA has proposed a drastic reduction in import duties for solar equipment. Currently ranging from 60% to a staggering 89%, the authority is urging the National Board of Revenue (NBR) to bring these rates down to a range of 10% to 15%.
“We want the cost of batteries to fall so that solar power generated during the day can be stored and utilized during the evening peak,” he stated, noting that the NBR has been informed of the urgency.
More News
comments
leave a comment
