Dhaka, Dec. 25 -- Transparency International Bangladesh (TIB) has voiced serious concern over the interim government's decision to cancel 31 unsolicited renewable energy projects, totaling around $6 billion in investment, cautioning that the move may undermine investor confidence at a crucial stage of Bangladesh's clean energy transition.
Speaking at a press briefing on "Power Generation from Renewable Energy: Challenges in Good Governance and the Way Forward" at TIB's Dhaka office on 24 December, speakers described the cancellations as a "shocking and negative signal" to foreign investors, stressing the urgent need for stable and predictable investment in renewable power.
TIB Energy Governance Coordinator Md Newazul Moula and Assistant C...