Minister: Government plans to increase electricity generation capacity to 20,000 MW by September



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Bangladesh's total electricity generation capacity currently stands at just over 18,000 MW. The highest power ever produced in the country was 11,059 MW on July 7 [19659002] The government plans to increase the country's electricity generating capacity to 20,000 MW by September. , with the aim of gradually providing uninterrupted electricity. Energy and mineral resources Nasrul Hamid said Tuesday:

Such a feat will be another success for the country's power sector, said the minister at a conference on the "Bangladesh-Singapore Business Forum" jointly organized by the Federation of Chambers of Commerce of Bangladesh. and Industry (FBCCI) and the Singapore Business Federation (SBF) in a Dhaka hotel on Tuesday.

"We do not say that there will soon be uninterrupted power supply, but we can say that the overall performance in the electricity sector Bangladesh is improving every day," he added.

Bangladesh's total electricity generation capacity currently stands at just over 18,000 MW. On 7 July, Nasrul invited Singaporean businessmen to invest more in Bangladesh, saying Bangladesh would establish an energy center covering 7,000 hectares of land in the country. Moheshkhali, Cox's Bazar, where Chinese and Malaysian companies have expressed interest in investing.

Mentioning that the Awami League-led government paved the way for private investment in the electricity sector, Nasrul said Bangladesh had a master plan. MW of electricity by 2041.

He also suggested that more Singaporean businessmen are investing in Bangladesh's energy sector where demand for liquefied petroleum gas is increasing. 10% per year.

The government is ready to invest more Singapore, while Bangladesh is moving ahead with a plan to establish 100 special economic zones by 2030, he said.

Kazi M Aminul Islam, Executive Chairman of Bangladesh Investment Devel Bangladesh has achieved major achievements in many sectors, especially in the electricity sector, over the past nine years; The generation of electricity alone has increased six-fold compared to 2009.

Claiming that the new generation of local entrepreneurs is highly skilled, Aminul said investors would benefit most in Bangladesh because half of the country's population is young, with a major segment being educated and skilled.

"The Bangladeshi government's policy and infrastructure development activities are aimed at encouraging more private and foreign investment," he added.

The BIDA official also focused on a strong political commitment to expand trade relations between Bangladesh and Singapore.

The President of the Bangladesh Chamber of Commerce of Singapore, Mr. Shahiduzzaman, the President of the Singapore Business Federation, Teo Siong Seng, and the President of the FBCCI, Mr. Shafiul Islam Mohiuddin, also took the floor.

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