The World Bank today offered up a $500 million soft loan to help the nation's grid keep pace with those developments.

The loan will finance a grid capable of hosting bi-directional flows of electricity – to support rooftop systems exporting excess to the grid – and information, while being resilient to climate and extreme weather events as well as cyber attacks.

The program, intended to modernize Bangladesh's power distribution network, will also increase the climate resilience of grid infrastructure in 25 rural electric cooperatives covered by the operations of government body the Bangladesh Rural Electrification Board.

The grid funding program was accompanied by a $15 million grant from the global, public-money financed Clean Technology Fund, of which the World Bank is trustee.