Ecosystem Restoration

Why solar power cost is high in Bangladesh?

# Solar power tariffs in Bangladesh are significantly higher than in other South Asian countries, reaching over Tk12/kWh, compared to India’s Rs2.50-2.87/kWh (Tk3.55-4.08)

# Land scarcity, remote plant locations, and expensive grid connections contribute to the high cost of solar energy in Bangladesh.

# In Bangladesh, land costs for solar projects can exceed 10% of total project costs, compared to the global norm of 3-5%

# Corruption also inflates solar project costs, adding around Tk1 per unit of power

# Bangladesh levies a 37% customs duty on solar inverters, further driving up costs

# In contrast, countries like India and Pakistan provide low-cost or free land, build infrastructure, and offer tax incentives, making solar power cheaper

# Delays and fees in Bangladesh’s project approval process increase costs.

# Experts suggest policy changes, including amending land use laws and improving transparency, could reduce solar tariffs to Tk8/kWh.

BPDB’s open tender for power plants: Can it reduce solar power costs? Alongside corruption, land price, grid connection cost and high customs duty on inverters play a role behind the high tariff of solar power in Bangladesh, which is multiple times higher than its South Asian neighbours

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https://www.bbc.com/news/science-environment-63957085

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