The commerce ministry has waived the stamp duty amounting to more than Tk 4 crore for registering the financial documents of Unique Meghnaghat Combined Cycle Power Plant, according to a gazette issued last week.
Rising construction costs, the rise of solar and wind power, and mounting public opposition have led to a precipitous decrease in massive new hydropower projects. Experts are now saying the world has reached “peak dams,” which would be good news for riverine ecosystems.