The WB has proposed to provide $90 million fund for setting up solar power and another $10 million for exploring other sources of alternative energy in the country, an official of the Economic Relations Division (ERD) said.

Bangladesh is facing over 250 million cubic feet of gas supply shortage per day (mmcfd) against the demand for over 2000 mmcfd.

Bangladesh has already formulated a renewable energy policy to encourage both the private and the public sectors to develop alternative sources of energy.