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Dhaka Thursday,  May 13, 2021

Bangladesh needs $40b by 2030 to produce 40 thousand MW Power

22 dec.2013: The government would require 40 billion dollar to produce 40 thousand megawatts (MW) of electricity by the year 2030.
Bangladesh Power Secretary Monowar Islam told reporters at a workshop on “Sustainable Energy Security: Options for Bangladesh”.
The workshop was jointly organised by the Power Division and the Bangladesh-India Friendship Power Company Ltd (popularly known as the Rampal power project) at Bidyut Bhaban.
Monwar said, Government will increase budgetary support by 10 percent every year in power sector and for this the Power Division has introduced tender financing to implement power projects along with continuing effort to mobilise fund from global organisations.
Power Secretary said the donor agencies in last five years gained confidence to lend funds in power sector.
He, however, said the government has allowed extension of tenures of some rental power projects for five years aiming to overcome power crisis in the coming dry season as it would require until 2018-19 for getting electricity from under-implementation base load large power projects.
“We would be able to supply over 7000MW of electricity during coming dry season against the requirement of 8000MW of electricity which was 6675MW of electricity during last dry season,” Monowar Islam said.
He said the government focused more on coal-fired power projects to diversify fuel use in power projects.“Civil society has created awareness about implementation of clean coal projects through making their opinion and sharing ideas and that is why the Power Division would adopt super critical technology in implementing coal power project in synchronization with nature of the project sites,” Monowar said responding to series of quarries on implementing coal-fired power projects
Bangladesh-India Friendship Power Company managing director Bijoy Sanker Tamrakar told the workshop that before taking up the power project, the Bangladesh government conducted an environmental impact assessment (EIA) study. “According to the study, the project would not affect the mangrove forest in the way that we have heard,” he stated.

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