The sector has faced prolonged financial losses, rising public debt, and increasing fiscal burdens.
Governments tend to focus on immediate needs, but we also need to ensure that long-term poverty reduction efforts are being developed parallelly.
In late November 2023, the Ministry of Power, Energy, and Mineral Resources unveiled the IEPMP.
Recent observations reveal a concerning trend of underfunding in renewable energy projects.
Through advanced coal-intensive technologies, the government is trying to keep coal alive and further expand the domestic use of imported LNG.
The energy and power sector of Bangladesh can be said to have entered its third phase of development.
The weak financial state of the BPDB is partly due to the high per unit price of electricity
A set of parallel initiatives need to be undertaken targeting the structural weaknesses of the gas sector and power sector development to ensure energy transition.
The sector has faced prolonged financial losses, rising public debt, and increasing fiscal burdens.
Governments tend to focus on immediate needs, but we also need to ensure that long-term poverty reduction efforts are being developed parallelly.
In late November 2023, the Ministry of Power, Energy, and Mineral Resources unveiled the IEPMP.
Recent observations reveal a concerning trend of underfunding in renewable energy projects.
Through advanced coal-intensive technologies, the government is trying to keep coal alive and further expand the domestic use of imported LNG.
The energy and power sector of Bangladesh can be said to have entered its third phase of development.
The weak financial state of the BPDB is partly due to the high per unit price of electricity
A set of parallel initiatives need to be undertaken targeting the structural weaknesses of the gas sector and power sector development to ensure energy transition.
Bangladesh has been facing persistent high inflation over the last one year
Immediate subsidy reform is needed to streamline spending for the energy sector.
