Power sector reforms could cut annual losses by $1.2 billion: IEEFA report
The report finds that during the fiscal year 2019-20 to FY2023-24, the BPDB’s total annual expenditure increased 2.6-fold against revenue growth of 1.8 times
Japan-backed energy plan challenged in court
In a groundbreaking legal move, Bangladesh has become the first South Asian country to challenge the legality of a Japan-backed fossil fuel-based power plan with the Supreme Court (SC), marking a historic step towards climate justice.
Japan-backed energy plan challenged in court
In a groundbreaking legal move, Bangladesh has become the first South Asian country to challenge the legality of a Japan-backed fossil fuel-based power plan with the Supreme Court (SC), marking a historic step towards climate justice. A writ petition has been filed with the SC challenging the legality of the ‘Integrated Energy and Power Master Plan (IEPMP) 2023’ recently. The plan directly contradicts Bangladesh’s Climate Prosperity Plan, and violates the Paris Declaration on Aid Effectiveness.
Power sector reforms could cut annual losses by $1.2 billion: IEEFA report
The Bangladesh Power Development Board (BPDB) could save Tk13,800 crore ($1.2 billion) annually by implementing reforms in the electricity sector, according to a recent report by the Institute for Energy Economics and Financial Analysis (IEEFA). “Despite hurdles, Bangladesh remains committed to achieve its target of generating 40 percent energy from renewable sources by 2041,” she said adding in view of this the interim government is actively revisiting the present energy policies to ensure sustainability and sovereignty.”
Net metering rooftop systems: An opportunity for Bangladesh’s renewable energy goals
Bangladesh’s energy future hinges on how effectively it integrates renewable sources into its grid. Since the issuance of the Net Metering (NEM) guidelines in 2018, the country has sought to foster renewable energy adoption by enabling prosumers—consumers who also generate electricity.
Japanese energy giant Jera invests $1bn in Bangladesh
Jera took over the Indian Reliance’s Meghnaghat 718 MW power plant in 2019 and has till date seems to have brought in $1 billion for the project, which will be Bangladesh’s largest gas-based IPP. The project has significant investment by Japan Bank for International Cooperation (a private development bank like Jica), together with Asian Development Bank.
Bangladesh, other SA nations need $625b to triple renewable energy capacity
Speakers at a discussion said South Asian countries including Bangladesh need $625 billion over the next six years to triple the renewable energy capacity. South Asia has a total installed power capacity of 524.3 GW, with India leading at 446.2 GW, followed by Pakistan (41.9 GW), Bangladesh (28.1 GW), Sri Lanka (5 GW), and Nepal (3.1 GW) while most countries have achieved nearly universal electricity access, quality remains a pressing issue, they said.
How autocracy powered aggressive fossil fuel expansion in Bangladesh
Bangladesh’s power deals were uniquely designed to benefit a vested quarter, and they were replete with money-making loopholes.
Stranded gas capacity strains Bangladesh’s economy
The first and most negative impact that countries like Bangladesh face from depending on gas is the unreliability of its price.
Stranded gas capacity strains Bangladesh’s economy
Stranded gas capacity strains Bangladesh’s economy Emran Hossain Ever since the import of liquefied natural gas began seven years ago, Bangladesh used most of its two floating storage regasification units stationed at the Bay of Bengal last year, with an output of 676 mmcfd. Bangladesh saw about 40 per cent of its regasification capacity of […]
