BB brings 26 products under its green refinance scheme

Eight new sectors covering twenty-six products have been included in the green banking refinance scheme of Bangladesh Bank (BB), expanding the support of this special programme to a total of 44 products, reports BSS.
The central bank has also increased the credit limit for the products under the scheme, according to a circular issued Tuesday.
The newly included products are bio-gas plant, solar energy and wind energy under renewable energy sector, energy saving lighting system, power switch with auto-sensor, renewable/hybrid cook stoves, LED bulb/tube assembly plant under energy efficient technology sector, methane recovery from waste for power generation, compost plant, hazardous waste treatment plant and faecal sludge management and processing under solid waste management sector, waste water/sewerage water treatment plant under liquid waste management sector, producing flammable oil from used/old tyres under alternative energy sector, compressed block brick, autoclaved aerated concrete projects under non-fire block brick manufacturing project sector, used paper processing, plastic wastage, recyclable baggage production, recyclable non-woven polypropylene yarn and baggage manufacturing project under recycling plant sector and oil production plant from palm threes, solar micro/mini-grid, vermicompost, hybrid Hoffman kiln/tunnel kiln plants.
In August 2009, BB lunched the Tk 2.0 billion (200 crore) green banking refinance scheme to promote renewable energy and environment-friendly projects to help reduce industrial pollution and increase the power supply.