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Bangladesh moves to cut tariffs for long-delayed solar projects
Bangladesh is renegotiating PPAs with solar developers that signed high tariffs years ago but never built their plants, prompting investor warnings about contract risk.
Summary
Bangladesh is renegotiating PPAs with solar developers that signed high tariffs years ago but never built their plants, prompting investor warnings about contract risk. A government committee formed in April has already held talks with several project owners and is scheduled to meet two more on Oct. 27 and Oct. 29, with the aim of lowering tariffs agreed when project and equipment costs were higher.
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