Bangladesh Bank (BB) will soon direct the commercial banks on how to implement 'green banking' in their operations, said its Governor Atiur Rahman at a seminar in Dhaka yesterday.
The central bank will issue a circular about the guidelines, the governor said.
He said the BB has already formed a fund of Tk 200 crore for the commercial banks to finance renewable energy projects at a 5 percent interest rate.
The banks will disburse the loans to individuals and organisations at 8-9 percent.
Forum Brigade and Infrastructure Development Company Ltd (IDCOL) organised the seminar titled "The role of biogas and bio fertiliser in making self-reliant Bangladesh” at the National Press Club.
IDCOL Chief Executive Officer Islam Sharif presented a paper highlighting his company and its operations regarding the installment of biogas plants countrywide.
Sharif said IDCOL and its partner organisations have already set up 15,000 biogas plants and they are planning more.
A biogas plant costs around Tk 33,000 of which IDCOL finances about Tk 18,320 and the customers pay only Tk 3,600, he added.
Petrobangla Chairman Hussain Monsur said: "It's a relief for my company to see the development of the biogas sector."
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