Dhaka, June 2 -- Finance Adviser Dr Salehuddin Ahmed today unveiled the national budget proposing an allocation of Tk. 22,520 crore aiming at ensuring energy security and modernizing the distribution system and generating 3,400 MW of electricity from clean sources by 2028.

"The process of formulating a new policy by updating the Renewable Energy Policy 2008 is in its final stage. It has been decided that 30 percent of the country's total electricity will be generated from renewable sources by 2040," he said.

In the budget speech, he proposed to allocate Tk. 20,342 crore for power division and Tk. 2,178 crore for energy division in the fiscal 2025-26 (FY26) to ensure transparency and accountability and modernize distribution system, carr...