Dhaka, May 17 -- Renewable energy (RE) accounts for only 5 percent of Bangladesh's revised development budget allocation for the power and energy sector in the current fiscal year, while fossil fuel-based infrastructure continues to absorb nearly 80 percent of the allocation, according to a new study by the Centre for Policy Dialogue (CPD).

The findings were presented Sunday at a city hotel during a CPD programme titled "Renewable Energy in the Upcoming Budget: Expectations and Reality."

Prime Minister's Adviser on Finance and Planning Rashed Al Mahmud Titumir attended as chief guest. The session was moderated by CPD Research Director Khondaker Golam Moazzem, and the paper was presented by Programme Associate Md. Khalid Mahmud.

The stu...