Tuesday, April 2, 2013

Power Industry Development Plan of Bangladesh


The Bangladesh govt. vision to provide electricity to most of the residents at a logical price and to accomplish overall socio-economic development of the country, the government of Bangladesh has initiated a Power and Energy Sector Development Roadmap (2010-2021) which targeted to produce 8,500 MW by 2013, 11,500 MW by 2015 and 20,000 MW by 2021. However, to guarantee overall and balanced development of this sector, government has taken different plans in terms of duration. The plans have been developed based on a techno-economic study and a least-cost option. These plans include balanced development in generation, transmission and the supply system to achieve a desired level of reliability of supply. A brief summary of the development plan is given as follows: 

Short Term Plan
According to the short-term plan of the govt., liquid fuel based 12-24 months of implementable power stations will be established. However, government has initiated to put into action a power station with a capacity of 920 MW in 2011. But the plan has not fully achieved.

Mid Term Plan
Under this plan, within 2012-2015, government has taken into account to establish 3 to 5 years of implementable coil based power stations with a capacity of 2,600 MW to the total capacity of 7,714 MW. This plans implementation is running.

Long Term Plan
As of the Power and Energy Development Roadmap (2010-2021), government expects to meet the goal of 20,000 MW by the year 2021 through the increase of 10% production per year towards accomplishment the per capita consumption to 600 Kw.

Bangladesh is gradually climbing up the development ladder. Energy and power needs to act as a key mechanism in helping Bangladesh in this Endeavour. Industries are being mechanized and the country is gradually moving from a labor-intensive economy to a capital intensive one. Electricity and power are critical to the nation at such a stage. Bangladesh has a vast market as far as power and electricity is concerned and good prospects for constructing power generation plants exist in the country in terms of resources available and government policies. 

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