Power Sector

The global economy has been undergoing turbulent times over the last couple of years, spearheaded by the pandemic-induced slowdown in 2020 and the resulting supply chain disruptions wrought about by travel restrictions and lockdowns. While the pandemic has receded—facilitated by the invention, mass production, and distribution of vaccines in record time—a number of geopolitical challenges have disrupted economic recovery. The advent of […]

This letter was first published in the Bimonthly Newsletter of September 2022 Dear Friends and Patrons: The global economy has been undergoing turbulent times over the last couple of years, spearheaded by the pandemic-induced slowdown in 2020 and the resulting supply chain disruptions wrought about by travel restrictions and lockdowns. While the pandemic has receded—facilitated […]

This letter was first published in the Bimonthly Newsletter of August 2022 Dear Friends and Valued Stakeholders: Energy sustainability has always been a key issue for achieving economic resilience. Bangladesh has come a long way in that regard with 96%+ of the population having access to electricity in 2020 from 32% in 2000 (WorldBank). A large proportion of that […]

Introduction As one of the fastest-growing economies in Asia, Bangladesh is on track to leave the status of Least Developed Country (LDC) in 2026 . For the country’s economic growth to be sustainable, it needs a reliable energy infrastructure that can keep up with the pace of rising energy demand. In 2022, Bangladesh managed to […]

Life on Earth is only possible because of the atmosphere, so it goes without saying that any change to this security blanket we have has massive impacts on all of humanity. This article is the third of a three-part series detailing the impacts of climate change on Bangladesh. The first and second articles covered the impacts on […]

State of Affairs Amidst the growing concern of rampant inflation permeating through major aspects of daily expenses and Bangladesh Bank devaluating the Taka against the US Dollar, Finance Minister AHM Mustafa Kamal unveiled the National Budget for FY 2022 – 23. The budget proposed a total expenditure of BDT 6.78 trillion, total revenue and foreign grants of BDT […]

In October 2021, against the backdrop of the increasing climate crisis, world leaders, scientists, and activists joined together at the 26th annual climate change conference, COP26. The summit was held in Glasgow, United Kingdom, to bring global parties worldwide to tackle the imminent threat of climate change. Attended by 197 member countries, this was the […]

Present scene of the Bangladeshi bond market The fourth industrial revolution is imminent, and Bangladesh is eyeing various infrastructure projects to compete globally in attaining Sustainable Development Goals (SDG) and assuring economic wellbeing for all. The country has celebrated its 50th birth anniversary the current year, and during this half a century-long life span it has […]

The Bangladesh Power Sector is one that has seen considerable growth in recent years. Total Power Generation Capacity in January of 2019, was 17,764 MW. To put into perspective the magnitude of growth, the Capacity in 2013 was 10,213 MW. This translates to a 57% increase in just 6 years. While growth in capacity is […]

While most countries have enforced economic lockdowns as an effective measure to slow COVID-19 spread, the global oil economy has been hit hard as demands dried up. The price of crude oil was already volatile since the beginning of 2020 due to the price war between Saudi Arabia and Russia and then the COVID-19 pandemic […]

From Digital to Smart Rapid advances in technology are reshaping economies all over the world and Bangladesh is no exception. However, Bangladesh is interesting because of three critical factors – our demographic bulge (63%  below the age of 35) makes technology adoption lightning fast, rapid urbanization makes the capital an hotbed for talent driving economic […]

With the global focus towards sustainability and the achievement of Sustainable Development Goals, there has been a consequent limelight cast on the prospects of renewable and clean energy generation. Solar Power has taken somewhat of a vanguard role for such power generation plans in Bangladesh, and is expected to be a major driver of the […]

Bangladesh is a bustling country with a total population of now 164 million with over 46% under the age of 25, the majority of whom are acclimatized to growing up with electronic devices in their homes. And with increasing urbanization and development of rural and suburban regions, the availability of electricity plays a crucial role […]