DHAKA: State minister for ministry of power, energy and mineral resources Nasrul Hamid said that government is ready to subsidize renewable energy.

Hamid said on Sunday while speaking as chief guest at a roundtable titled ‘Reserve Renewable Energy Policy’ at Bidyut Bhaban in the capital.

Power ministry joint-secretary Siddique Jubayer presented keynote paper at the meeting, chaired by the ministry’s additional secretary Tapas Kumar Roy.

Nasrul Hamid said government is ready to subsidize renewable energy but there should be a policy regarding this.

The policy should indicate the amount of subsidy in urban areas and in rural areas, he added.

Bangladesh University of Engineering and Technology (BUET) professor Dr M Tamim said not only policy making, an implementation of the policy is needed. Government subsidy is necessary in renewable energy.

The ministry’s secretary Monwar Islam and Energy Regulatory Commission (ERC) chairman AR Khan spoke at the meeting as special guests.

Among others, BPDB chairman Abdullah Ruhullah, energy expert Dr Engineer M Nurul Islam and Energypac Electronics director Nurul Akhtar were speakers at the meeting, conducted by Mollah Amzad Hossain.

BDST: 1450 HRS, APR 13, 2014