Energy & Power Magazine - May 16, 2023Add to Favorites

Energy & Power Magazine - May 16, 2023Add to Favorites

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In this issue

Bangladesh has set ambitious goals to become a higher-middle-income country by 2031 and a developed economy by 2041. To achieve this vision, the government has finalized a comprehensive infrastructure development plan, with a focus on the power and energy sector. Efforts are underway to upgrade existing plans to align with the long-term goals. However, the government faces challenges related to energy supply. A reliable and uninterrupted energy supply is crucial for supporting economic growth. Despite these challenges, the government remains committed to realizing its vision and has actively sought investment from various countries. Prime Minister Sheikh Hasina has engaged in economic diplomacy, exploring investment opportunities from countries such as Russia, Japan, China, India, EU nations, the USA, Korea, and ASEAN countries. The Prime Minister's recent visits to Japan, the USA, and the UK to secure investment have garnered significant attention. Yet, attracting substantial foreign direct investment (FDI) remains a challenge. The country has enabling policies and initiatives for industrialization and job creation, but the lack of a functional one-stop service hinders investment. The government needs to prioritize implementing an efficient one-stop service to attract FDI and accelerate progress in sectors such as power and energy.

The country has the potential to advance quickly and secure foreign investment if it can address implementation issues, improve the investment environment, and ensure a reliable infrastructure and policies.

Energy & Power Magazine Description:

PublisherEnergy & Power

CategoryBusiness

LanguageEnglish

FrequencyFortnightly

Energy & Power (EP) is the first and only full-fledged fortnightly magazine that deals with the much cried over energy and power sector in Bangladesh. Since its inception in June 16, 2003, EP is working very hard to 
a) Develop public consciousness on sustainable and even development of energy sector; 
b) Assist the policy makers in assuming pragmatic policies for a balanced development of the energy sector; 
c) Continuous supply of information among public; and 
d) Develop a group of reporters in this field 

Bangladesh is an energy deficit country like other countries in the region and most of the people do not have adequate access to the energy and power. The country is completely dependent on fossil energy source; at the same time, it is one of the most inefficient energy using countries in the world. 
It lacks efficiency in planning, management, generation, distribution, load management and even at the end user level consumption. 
In spite of the above drawbacks, issues relating to utilization of renewable energy, exploring alternative use of energy, planned use of environment friendly energy are significantly undermined in Bangladesh. 
The biggest challenge of Bangladesh is to find a path for balanced growth of its energy sector. Despite its resource constraints, EP dynamically strives to provide theenergy sector with a flow of information and create public awareness; so that policymakers get guidelines and platforms for its sustainable development.

Code of Ethics 
EP believes that public enlightenment is the forerunner of justice and the foundation of democracy. The duty of a journalist is to further those ends by seeking truth and providing a fair and comprehensive account of events and issues and professional integrity is the cornerstone of a journalist's credibility. We strive to serve the public with thoroughness and honesty.

The EP editorial policy is to share a dedication to ethical behavior and uphold the zero conflict of interest principles and highest standards of practice. 

EP believes in 
o Seeking truth and reporting the same 
o Minimize harm 

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