Green Delta Insurance Company recently signed a memorandum of understanding (MoU) with the Power Cell of the power, energy and mineral resources ministry and Young Bangla over launching an idea hunt competition for renewable energy, styled "Bicchuron 2.0".

It will be an open competition for the country's youth like the previous chapter of Bicchuron in 2019. A total of 100 ideas will be selected from submissions from across the country.

At the last stage, 5 to 10 projects will be selected by an expert committee for consideration for financial support and execution at the community level.

The winning projects will be funded for commercial operation and scaling up to a sustainable business model.

Mohammad Hossain, director general of the Power Cell, Farzanah Chowdhury, managing director and CEO of the insurer, and Md Roshidul Hasan, team leader of Young Bangla at the Centre for Research and Information, inked a tri-party MoU to this end at the latter's office, said a press release.

Among others, Nasrul Hamid, state minister for power, energy and mineral resources, was present.