Sustainable and Renewable Energy Development Authority
Profile
- Head
- Muzaffar Ahmed
- Role
- Chairman
- Annual budget
- —
- Staff
- —
- Established
- 2014
- Legal basis
- Sustainable and Renewable Energy Development Authority Act 2012 (Act No. XXI of 2012), passed by Parliament in December 2012; SREDA became operational in 2014.
SREDA is executing the Renewable Energy Policy 2025 as nodal agency: total renewable installed capacity reached approximately 1,690 MW (end-2025), dominated by solar (1.44 GW); the authority oversaw 523 MW of new solar PPAs in January 2026 and 77.6 MW in new tenders in April 2026; mandatory energy audits apply to 189 designated large consumers; the authority's 40%-by-2041 clean-power target (under the national Power System Master Plan) requires deploying roughly 760 MW of renewables per year through 2030.
Recent activity
- 2026-01-28 procurement Bangladesh Power Development Board signed power purchase agreements for 523 MW of solar capacity across seven IPP projects, covering plants in Chittagong, Bagerhat, Cox's Bazar, Nilphamari, and Hathazari. SREDA registered the projects under the National Designated Renewable Energy system. Approvals for 11 previously cancelled solar projects were reinstated in late December 2025 after developers agreed to revised, lower tariffs; the 523 MW PPAs are the first tranche of signed agreements from that reinstatement. ↗↗
- 2026-04-24 procurement BPDB issued three separate tenders totalling 77.6 MWp of grid-connected solar PV on a turnkey basis: 50 MWp at Rangunia (Chattagram), 20 MWp at Baropukuria (Dinajpur), and 7.6 MWp at Kaptai (Rangamati). Projects are funded through BPDB and the Power Sector Development Fund. ↗↗
- 2026-05-01 policy GlobalData forecast Bangladesh's solar PV installed capacity growing from approximately 1.3 GW in 2025 to 8.5 GW by 2035, driven by the Renewable Energy Policy 2025 targets (20% of power from renewables by 2030) and the BPDB pipeline of solar park and rooftop tenders in which SREDA acts as nodal coordinator. ↗
Provenance & notes
1. The 40%-by-2041 target is the national clean energy share target from the Power System Master Plan 2016 (updated framing); the Renewable Energy Policy 2025 sets intermediate milestones of 20% by 2030 and 30% by 2040 specifically for renewable energy, distinct from the broader clean energy (nuclear + gas + RE) framing. These targets should not be conflated. 2. Chairman Muzaffar Ahmed is confirmed as current head from the SREDA officer list (sreda.gov.bd/site/view/officer_list/-) and corroborated by BSS and TBS news references in late 2025; exact appointment date is not published. 3. SREDA was constituted by the SREDA Act 2012 but became operationally functional in 2014 (established_year set to 2014). 4. Staff count and budget figures are not published in accessible primary sources; left null. 5. No dedicated SREDA-IRENA Bangladesh grid integration study for 2025-2026 was found in primary sources; the IRENA reference in the task brief likely refers to IRENA's broader Bangladesh energy profile data (irena.org/IRENADocuments/Statistical_Profiles/Asia/Bangladesh) and not a standalone bilateral study -- not included as a notable event to avoid fabrication.
Sources
- https://sreda.gov.bd/
- https://www.iea.org/policies/6127-the-sustainable-and-renewable-energy-development-authority-act-2012-creation-of-the-sustainable-and-renewable-energy-development-authority-sreda
- https://en.wikipedia.org/wiki/Sustainable_and_Renewable_Energy_Development_Authority
- https://www.tbsnews.net/bangladesh/energy/mohammad-alauddin-made-sreda-chairman-91225
- https://www.tbsnews.net/thoughts/renewable-energy-policy-2025-powering-bangladeshs-clean-energy-transition-1428701
- https://powerdivision.portal.gov.bd/sites/default/files/files/powerdivision.portal.gov.bd/page/f6d0e100_e2d8_47e7_b7cd_e292ea6395d3/The%20Renewable%20Energy%20Policy%202025%20(Gazette).pdf
- https://www.pv-magazine.com/2026/01/28/bangladesh-signs-ppas-for-523-mw-of-solar-capacity/
- https://www.pv-magazine.com/2026/04/24/bangladesh-launches-tenders-for-77-6-mw-of-solar/
- https://www.pv-magazine.com/2026/05/01/bangladesh-solar-pv-capacity-to-reach-8-5-gw-by-2035-says-globaldata/
- https://www.mercomindia.com/bangladesh-tenders-77-6-mw-solar-projects
- https://ieefa.org/resources/getting-bangladeshs-renewable-energy-transition-track
- https://www.enerdata.net/publications/daily-energy-news/bangladesh-targets-40-clean-power-generation-2041.html
- https://ndre.sreda.gov.bd/index.php?id=8
- https://sreda.gov.bd/site/view/officer_list/-