The government is set to formulate an investment-friendly renewable energy policy by June 2026 to attract both local and foreign investment in Bangladesh’s clean energy sector, Minister for Power, Energy and Mineral Resources Iqbal Hassan Mahmood said recently. Speaking at the ‘Market Sounding Workshop on Sonagazi 130MW Solar PV with BESS PPP Project’ organized by the Bangladesh Economic Zones Authority (BEZA), the minister said the government had formed a committee to identify policy incentives and support mechanisms for investors in renewable energy. He said the government would act as a facilitator by introducing measures such as reduced duties on solar equipment, tax incentives, and improved policy support to encourage pro?table investment in the sector.