Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

The agreement seeks to add 150 MW of rooftop solar capacity to the grid

July 1, 2022

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The Bangladesh government and the World Bank have signed a $515 million financing agreement for the country’s Electricity Distribution Modernization Program that will support the digitization and modernization of 25 rural electric cooperatives or Palli Bidyut Samitis in Dhaka and Mymensingh Division.

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Vijayalakshmi Sridhar

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Bangladesh Energy Financing Renewable Solar World Bank

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Bangladesh and World Bank Sign a $515 Million Loan Agreement for Rural Electrification

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