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Ministry of Primary and Mass Education, the Secondary and Higher Education Division, the Technical and Madrasha Education Division, the Health Services Division, and the Medical Education and Family Welfare Division signed on behalf of their respective sides.

Farzana Mamtaz said the initiative has been taken under the national rooftop solar project, which aims to generate around 20 percent of the country’s total electricity demand from renewable sources by 2030 and 30 percent by 2040.

The projects will be implemented with private sector involvement, she said.

In addition to their own investments, they will be able to avail themselves of loans at only a 5 percent interest rate from Bangladesh Bank’s refinancing scheme and other commercial banks’ green financing schemes.