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World Bank Approves $55 Million for Renewable Energy in Bangladesh

The funds will help expand renewable energy into rural areas where grid electricity does not reach

April 16, 2018

/ Saumy Prateek
/ Finance and M&A, Solar
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The World Bank has approved $55 million in financing to expand the use of renewable energy in rural areas of Bangladesh that grid electricity cannot easily reach. The funds will be used to finance the Second Rural Electrification and Renewable Energy Development (RERED II) Project.

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Saumy Prateek

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