Dhaka, June 25 -- Bangladesh will require between US$933 million and US$980 million annually until 2030 to meet the new target under Renewable Energy Policy, a new report by the Institute of Energy Economics and Financial Analysis (IEEFA) revealed Wednesday.

During the post-2030, the country will need between US$1.37 billion and US$1.46 billion annually until 2040, the IEEFA report finds.

IEEFA is a global team of energy finance analysts, communications experts, and management professionals, based in Asia, Australia, Europe, North America, and South Asia.

Bangladesh government has set targets for generating 20 per cent and 30 per cent of electricity from renewable energy sources by 2030 and 2040, respectively, under the country's new R...