Dhaka, June 30 -- The Centre for Policy Dialogue (CPD) on Monday urged the interim government to reconsider its recent decision to cancel 37 solar power plant projects, warning that the move could severely undermine investors' confidence, particularly among Chinese stakeholders.

The recommendation came during a seminar titled 'Recent Challenges for Chinese Overseas Investment in Bangladesh's Renewable Energy Sector: Way Forward', held at a Dhaka hotel on Monday.

The cancelled projects, worth over US $6 billion and totalling more than 3,287 megawatts in capacity, were approved under the previous Awami League government.

The interim administration has cited political considerations and allegations of irregularities as reasons for the can...