Inaugurating the plant, state minister for power, energy and mineral resources, Nasrul Hamid said the government has been laying special emphasis on promotion of renewable energy across the country.
“We’ve set a target to generate 40 per cent of electricity from renewable sources by 2041”, he said at the function.
The function was also addressed by South Korean ambassador to Bangladesh Lee Jang-keun and chairman & CEO Youngone Corporation, Kihak Sung.
Nasrul Hamid said the project will encourage other industries to set up similar projects to promote green energy in the industrial sector.
Ambassador Lee Jang-keun said the 40MW rooftop solar panel project shows the vision and innovation of the KEPZ which sets an example not only to the other companies in Bangladesh but also to all in the region and in the whole world.
“It is not only saving money and production cost, but also makes the KEPZ and its business sustainable and resilient”, he added.
It is how businesses can get along with nature and reduce the threat of climate change. It is perfectly in line with the Bangladesh government vision and energy strategy, he further added.
He said Bangladesh's economy amid the corona pandemic might owe to the success of the KEPZ’s operation and business.
“That is the reason why I keep saying that Bangladesh’s success depends on the success of its business sector, its factories and companies as it has been the case for Korea”.