With high energy prices biting both industries and domestic consumers, The Business Standard recently held a Focus Group Discussion on the prevailing energy crisis and how Bangladesh can resolve it. Demand based on unrealistic growth projections must be revised Dr M Tamim Professor, BUET As a tier-3 country, I do not see any scope for us to go beyond fossil fuels in a big way
The severe US dollar crunch hurt the electricity sector in Bangladesh most in 2023 as demand outpaced generation owing to lower imports of liquified natural gas and coal, leaving households and factories without power for hours during many summer days.
The payment mode in the government's power purchase agreement (PPA) with the private sector has mainly been made in foreign currency, especially the US dollar, according to official sources