Bangladesh scraps 5.68 GW of solar

Bangladesh has canceled 5.68 GW of planned solar capacity across 34 projects after developers failed to secure implementation, power purchase or land lease agreements, raising investor concerns over policy stability.The Bangladesh Power Development Board (BPDB) has scrapped approvals for 34 solar power plants for which letters of intent (LoIs) were issued under the Special Provisions Act. The LoIs are being canceled because no implementation agreements, power purchase agreements (PPA), or land lease agreements have been signed, said the BPDB. The canceled projects, supported by local and foreign ...

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