Status and Reform towards Development Energy Sector of Bangladesh

ABSTRACT

Bangladesh has seen annual growth rates of around 6% for the last decade the recent international downturn has not had significant negative effects. On the contrary, an increased focus on Bangladesh as the most cost efficient production hub in Asia has been seen. Further economic growth is, however, seriously threatened by unfulfilled and growing energy needs 3.800 MW of electricity is produced. Demand is estimated at 5.500 MW and growing at ~500 MW a year 1.800 MMCFD of gas is produced. Demand is 2.300 MMCFD Government is set to undertake emergency plans to add more generation capacity each year until 2014. Focus will be on setting up new power plants, promote sustainable energy activities and increase energy efficiency large number of tenders will be floated in the coming months leaving ample business opportunities for Danish investors and technology providers within the energy sector.

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Updated: June 26, 2023 — 3:39 am