High customs duties dwarf rooftop solar ambitions
Bangladesh, July 21 -- Bangladesh's push towards clean energy is facing fresh headwinds as importers of rooftop solar equipment claim they are being denied the fiscal incentives announced in the national budget, with customs officials continuing to impose higher duties through inflated assessable values.Demographics
While the FY27 budget offers duty relief to Renewable Energy Service Companies (RESCOs) and Engineering, Procurement and Construction (EPC) firms, commercial importers are facing higher import duties on key renewable energy equipment, raising concerns over the pace of private investment in rooftop solar and energy storage systems.
In Bangladesh, RESCOs and EPC firms are primarily referred to as Solar EPC Contractors, or RE ...
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