European Union has expressed its interest in working with Bangladesh on renewable energy, green transition, smart grid and regional cooperation with Nepal and Bhutan by providing grants or loans.
This interest was expressed by Charles Whiteley, the ambassador of the EU, when he met with State Minister for Power, Energy and Mineral Resources Nasrul Hamid at his office in the ministry on Monday.
According to a release of the ministry, the EU envoy also showed interest to finance the renewable energy project, specially power generation from solar and wind.
Welcoming the interest, Nasrul said Bangladesh wants intensely to work with EU nations.
"We can work together in clean energy, digitalisation of distribution segments, smart meters, underground cable and modernisation of the energy sector," he said.
He urged the EU envoy to share the European experience to upgrade the Bangladesh Power Management Institute to an international standard training institute, reports UNB.
He said demands for power and energy are increasing due to growing development activities. Bangladesh wants to invest in Nepal and Bhutan to generate hydro power.
The EU can participate in projects in this sector, he said, underscoring the need for coordinated work through a joint team to identify the areas.