Tri-party MoU signed to launch Bicchuron 2.0

Green Delta Insurance Company (GDIC) has signed a memorandum of understanding with Power Cell of the Ministry of Power, Energy & Mineral Resources (MoPEMR) and Young Bangla to launch the second edition of nationwide idea hunt competition for renewable energy named Bicchuron 2.0, according to a statement.
Bicchuron 2.0 is continuation of the same effort made before pandemic in 2019.
The tri-party agreement was signed at the CRI office in Dhaka recently.
Just like the previous edition of Bicchuron in 2019, Young Bangla (youth network of CRI) will act as the mobilising force for the project titled "Bicchuron 2.0" across the country.
The MoU signing ceremony was held in presence of State Minister for Power, Energy and Mineral Resources Nasrul Hamid. Mohammad Hossain, director general, Power Cell, Power Division, MoPEMR, Farzanah Chowdhury, chartered insurer, managing director & CEO, GDIC, and Md Roshidul Hasan, team leader, Young Bangla, CRI, signed the MoU.
Like the previous chapter, Bicchuron 2.0 will be an open competition for youths of Bangladesh. The winner will be selected based on the innovative ideas supported by the basic scientific principles covering design, operation and utility aspects of the product in the renewable sector like solar, wind and biogas based energy solutions.
At the initial stage of the competition, 100 ideas will be selected from submissions from across the country. The contestants will be provided with technical, strategic and logistics knowledge through a rigorous boot camp to roll out an easily scalable and implementable energy production solution.
At the last stage/grand finale following the residential boot camp, five to 10 projects will be selected finally by an expert committee for consideration for financial support and execution at the community level.
These winning projects will be funded for commercial operation and scaling up the idea to a sustainable business model.