Bangladesh Power Sector Overview-2018

The country lacks in adequate supply of power to meet the aggregate demand from diverse sectors including household, industrials as well as agricultural sector. To meet the increasing demand for Power, the Government of Bangladesh (GoB) has undertaken pragmatic steps towards increasing the power supply in the short span of time by encouraging private sector power production as well as import of power from neighboring countries. The government of Bangladesh has set a target to bring the whole country under electricity coverage by 2021. The power demand in Bangladesh is projected to be 33,708 MW by 2030. However, the government of Bangladesh is planning to increase its power generation capacity beyond its projected demand to 40,000 MW by 2030 in order to boost the nation’s fast-growing economy.

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