July 23, 2020 Read More →

Policy emphasizing imported coal and LNG sets Bangladesh up for trouble

Energy & Power:

Bangladesh’s current master plan to increase power-generating capacity that accommodates increasing dependence on expensive, imported coal and LNG, puts it on a course for even deeper stress.

It will emanate from the power sector and percolate through the entire economy, similar to the strains already being felt amid the Covid-19 pandemic in some other countries as well.

This was highlighted in a study report conducted by the Institute of Energy Economics and Financial Analysis—a highly reputed energy research organization.

According to the study, Bangladesh will have 58 percent surplus power in 2029-30 if it keeps adhering to the existing power system master plan 2016 where special emphasis was laid to build power plants powered by imported coal and LNG.

[Staff Reporter]

More: Coal, LNG-Based Power Plants to Have Huge Unused Capacity to Trigger Crisis: Study

Posted in: IEEFA In the News

Comments are closed.