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Solar energy

University Grants Commission Signs Agreement to Generate Solar Power in Public Universities

Strategic Insights

— 1 min read

The University Grants Commission (UGC) has signed a significant agreement with Daffodil International University (DIU) to generate solar power in the country's 32 public universities under the operational expenditure (OPEX) model by 2026. This collaborative effort aims to reduce the country's reliance on non-renewable energy sources and mitigate the environmental impact of energy consumption. The agreement is seen as a step forward in Bangladesh's transition to green energy, with the goal of protecting the environment and saving energy costs. The project will be expanded to all public universities in phases, with the UGC chairman suggesting that private universities should also be included in the project in the future.

Key Takeaways:

  • The University Grants Commission (UGC) signed an agreement with Daffodil International University (DIU) to generate solar power in 32 public universities under the OPEX model by 2026.
  • The solar operational expenditure (OPEX) model involves a third-party investor funding the solar system, with the customer purchasing the generated electricity at a contracted rate.
  • UGC Chairman Prof. S. M. A. Faiz suggested increasing the use of solar power in all public universities to protect the environment and save energy costs.
  • 13 institutions have been listed for investment under the OPEX model, with DIU conducting technical assessments, site surveys, and sharing information with participating universities and the UGC.
  • DIU Vice-Chancellor Prof. M. R. Kabir stated that Bangladesh is lagging behind in the field of green energy.
  • The agreement does not require the UGC and universities to spend any money on solar power generation.

Statistics:

  • 32 public universities in Bangladesh will be equipped with solar power under the OPEX model by 2026.
  • 13 institutions have been listed for investment under the OPEX model.
  • No financial details were provided about the agreement, indicating that the UGC and universities will not spend any money on solar power generation.

Sources:

  • "University Grants Commission signs agreement to generate solar power in public universities," [Diya Tv] (https://www.diya.tv/university-grants-commission-signs-agreement-to-generate-solar-power-in-public-universities/)

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