Meta Data
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
2012
Effective Start Year: 
2012
Scope: 
National
Document Type: 
Act
Economic Sector: 
Energy
Energy Types: 
Renewable, Bioenergy, Geothermal, Hydropower, Solar, Wave and Tidal, Wind, Other
Issued by: 
The Government of Bangladesh
Overall Summary: 
The Sustainable and Renewable Energy Development Authority Act, 2012 (Act No. 48 of 2012) to make provisions for the establishment of the Sustainable and Renewable Energy Development Authority to ensure energy security. The document defines its establishment and functions, matters related to the management, funds and other provisions.
Renewable Energy
RE priorities: 
It is expedient to control global warming, to mitigate the risk of natural calamity and gradually to lessen dependence on fossil fuel for energy security by promoting the use of renewable energy.
Environment
Energy environmental priorities: 
It is expedient to control global warming, to mitigate the risk of natural calamity and gradually to lessen dependence on fossil fuel for energy security by promoting the use of renewable energy.
Investment
Financial incentives for energy infrastructure: 
There shall be a fund of the Authority to be called the Sustainable and Renewable Energy Development Authority Fund.
Governance
Energy institutional structures: 
It is expedient and necessary to make provisions for the establishment of Sustainable and Renewable Energy Development Authority and matters connected therewith to ensure energy security. --- After the commencement of this Act, the Government shall, by notification in the official Gazette, establish an Authority to be called the Sustainable and Renewable Energy Development Authority. The Authority shall be a body corporate, having perpetual succession, and a common seal, with power, subject to the prior approval of the Government, to acquire, hold and dispose of property, both movable and immovable, and shall by the said name sue and be sued.