The BB will provide funds at 5% interest so that they can provide loans on soft terms. In giving loans to customers, banks will charge below 10% interest.
Moreover, the BB will refinance different financial institutions and banks from this revolving fund. This provision of refinancing to different financial institutions and banks will help in facing power and gas deficiency by using environment-friendly technology. It will also assist in maintaining improved public health.
Absence of institutional financing for renewable energy sectors like solar energy and biogas has become an obstacle for effective growth and use of environment-friendly technology in these sectors.
They will prefer to see investment in solar panels particularly in char areas and remote areas still without power supply.
