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Energy & Power - EP_23_18 (Energy & Power Vol 23 Issue 18 March 1, 2026)

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Bangladesh’s power and energy sector stands at a critical crossroads. Over the past two decades, the country has built an impressive electricity infrastructure, achieving near-universal grid access and dramatically increasing generation capacity. Yet the underlying foundation has become increasingly fragile. A parallel expansion did not match the rapid expansion of power plants in fuel supply, particularly domestic resources. As a result, the sector now faces a structural imbalance that threatens both financial stability and energy security. One of the most pressing challenges is the growing dependence on imported fuel. Within just a few years, energy import dependence has risen from around 14 percent to more than 56 percent. This shift has made the sector highly vulnerable to global price fluctuations and foreign exchange pressures. At the same time, domestic gas production has declined steadily due to inadequate exploration. Financial sustainability is another major concern. The gap between electricity production costs and selling prices has forced the government to provide massive subsidies. Without restoring financial discipline, the sector’s long-term viability will remain uncertain. The new government, therefore, faces an urgent task. Its 180-day action plan must focus on strengthening governance, accelerating domestic gas exploration, expanding LNG import infrastructure, and reviving investor confidence. Equally important is the rapid expansion of renewable energy and improvements in energy efficiency. Bangladesh has the opportunity to place its energy sector on a sustainable path. Achieving this, however, will require political commitment, transparency, and a balanced strategy that prioritizes both energy security and economic stability.

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ExxonMobil Corp. is now transporting and storing captured CO2 from the New Generation Gas Gathering (NG3) project in Gillis, La.

1 mins

Libya Grants First Foreign Oil Licences Since Gaddafi's Fall

Libya granted oil exploration and production licences recently to several foreign energy companies, including giants Chevron and BP, for the first time since the fall of longtime leader Muammar Gaddafi.

1 mins

Gas Explosion Kills 38 Miners in Central Nigeria

A recent gas explosion killed at least 38 lead miners who were down the pits at a mine in central Nigeria's Plateau state.

1 mins

PTTEP Takes FID on First Greenfield Development in Malaysia

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1 mins

LPG Price Cut by Tk 15 for 12kg Cylinder

The Bangladesh Energy Regulatory Commission (BERC) recently announced a Tk 15 reduction in the price of a 12-kilogram (kg) cylinder of Liquefied Petroleum Gas (LPG).

1 mins

FERB Elects Azizur Rahman New Chairman, Shiraj ED

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1 mins

BERC Cuts Furnace Oil Price by 18%

The Bangladesh Energy Commission Regulatory (BERC) has cut furnace oil prices for public and private power producers and industries by 18 percent, from Tk 86 to Tk 70.10 per litre.

1 mins

Excessive Power Charges Imposed During Hasina Tenure to be Withdrawn: Tuku

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1 mins

Eight Injured in Gas Cylinder Blast at Chattogram Building

At least eight people were injured in a gas cylinder explosion at a residential building in Halishahar area of Chattogram city recently.

1 mins

4 of a Family Burned in Hazaribagh 'Gas Leak' Fire

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1 mins

Ramanath Pujari New MD of BIFPCL

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1 mins

CNG Stations Close for 6 Hours During Ramadan

The government has asked to keep Compressed Natural Gas (CNG) stations close for six hours from 3 pm to 9 pm every day.

1 mins

Power Puzzle

Bangladesh's power and energy sector has expanded rapidly over the past two decades, achieving nationwide electricity access and significant generation capacity.

10+ mins

Urgent 180-Day Priorities For Energy Reform

Over the years, generation capacity expanded irrationally and without adequate planning for fuel supply, a rational fuel mix, or the financial impact on state-owned enterprises required to absorb imported fuel price volatility.

5 mins

Renewable Energy: The Magic Solution To Curb Import Dependence

From both financial and technical perspectives, Bangladesh's power and energy sector is currently in a vulnerable state.

3 mins

Iqbal Hassan Mahmood, MP, New Minister for Power, Energy and Mineral Resources

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2 mins

Power Deals Signed During AL Regime Threat to Sovereignty: Minister

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1 mins

Gas Crisis in Firms Reaches Peak

The gas crisis in the industrial sector has deepened, forcing many factories to scale with some back operations, shutting down intermittently.

1 mins

What Makes Power Sector Bleed Billions

Bangladesh's power sector is haemorrhaging billions of dollars each year not because of a single policy failure, but due to a toxic combination of excess capacity, sided onecontracts, heavy import dependence, weak governance and a sharp depreciation of the taka, sector insiders and analysts say.

1 mins

PM Orders Steps to Ensure Uninterrupted Power Supply During Ramadan

Prime Minister Tarique Rahman has ordered keeping commodity prices stable, maintain law and order and ensure uninterrupted electricity supply during the holy month of Ramadan.

1 mins

Siemens Raises Outlook as CEO Touts AI Shift

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1 mins

India's Reliance Wins US License for Venezuelan Oil

has The United States issued a general license to India's Reliance Industries Ltd that will allow the refiner to buy oil Venezuelan directly without violating sanctions, two sources familiar with the matter said.

1 mins

Effective Steps can Ensure Supply of 107 MMCFD Gas from Off-Grid Bhola Field

The government can get supply of 107 mmcfd gas from the wells of Bhola if effective measures are taken to boost supply from this island offgrid field.

1 mins

No Power Tariff Hike Likely in Two Years

Power tariffs may not be raised at least over the next two years in view of economic woes of the commoners as the new government plans to cut system loss to avoid rate hikes.

1 mins

Banshkhali Coal-Fired Power Plant at Risk of Shutdown Due to Financial Constraints

The 1,320 MW coalfired power plant in Banshkhali is facing a potential shutdown as it has been unable to unload coal from an anchored vessel due to of non-payment outstanding bills.

1 mins

ECNEC Approves Final Financing for ERL 2

Financing for the Eastern Refinery-2 (ERL-2) project has been formally finalized following approval by the Executive Committee of the National Economic Council (ECNEC), marking a major milestone in Bangladesh's energy infrastructure development.

1 mins

$20b Asian LNG Project Moves Forward with Environmental Clearance

An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia's Masela block, which is expected to play a significant role in Asia's energy security.

1 mins

Power Demand to Shoot Up, Rural Areas to Face Cuts

The demand for power is going to shoot up by 2,5003,000 megawatts within a fortnight as Ramadan, the fasting month for the Muslims, will overlap the current irrigation season for the boro rice cultivation, said Power Division officials.

1 mins

Number of LEED Certified RMG Factories Rises to 275

Two ready-made garment (RMG) factories in Bangladesh have received LEED (Leadership in Energy and Environmental Design) certification from the US Green Building Council (USGBC).

1 mins

'MIST, BEPRC Hold Symposium on 'Bangladesh's Clean Energy Transition'

Military Institute of Science and Technology (MIST), in collaboration with the Bangladesh Energy and Power Research Council (BEPRC), recently organized a symposium on \"Sustainable Technologies for Bangladesh's Clean Energy Transition\".

1 mins

ADB Backs $350m for 3 Solar, Storage Projects in Thailand

The Asian Development Bank has signed off a $350 million loan to finance the construction of three solar projects in Thailand.

1 mins

Google to Deploy World's Largest Iron-Air Battery for US Data Center

Google plans to deploy a 300 MW/30 GWh iron-air battery system in Minnesota under an agreement with Xcel Energy, pairing it with 1.6 GW of new wind and solar.

1 mins

Global Leaders Reaffirm RE Commitment at IEA Ministerial

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1 mins

Wärtsilä Begins Construction of 50 MW Energy Storage System in Belgium

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1 mins

World's First 628 Ah Grid-Scale Battery Enters Operation

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1 mins

India Adds 7.8 GW of Open-Access Solar in 2025

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1 mins

Nordic Ambassadors Discuss Green Energy Cooperation with Malaysia

The Ambassadors of Finland, Denmark and Norway met with Malaysia's Deputy Prime Minister and Minister of Energy Transition and Water Transformation, Datuk Amar Sri Haji Fadillah Haji Yusof, to discuss strengthening cooperation on renewable energy and green technology.

1 mins

Mintoo Takes Helm of Climate Ministry

The appointment of Abdul Awal Mintoo as Minister of Environment, Forest and Climate Change is more than a routine cabinet reshuffle—it marks a moment of pride for Feni and a significant responsibility for Bangladesh at a critical time in its climate journey.

3 mins

Half of World's CO2 Emissions Come from Just 32 Fossil Fuel Firms: Study

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1 mins

TotalEnergies in High-Stakes French Trial over Climate Change

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1 mins

Local Water Supply Crucial to Success of Hydrogen Initiative in Europe

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1 mins

DoE Fines BPC Tk 9.6 Lakh for Illegal Hill Cutting in Chattogram

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1 mins

5.0 Crore Trees to Be Planted Starting in May: Mintoo

Environment, Forest and Climate Change Minister Abdul Awal Mintoo has said that a five-crore tree plantation programme will begin from May.

1 mins

World's Largest Steam-Producing Heat Pump Comes Online in Finland

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1 mins

US Repeals GHG Endangerment Ruling

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1 mins

Blue Hydrogen Market to Reach US$52b in 2036

Low-carbon hydrogen is rapidly emerging as a crucial solution to support a cleaner energy future.

1 mins

Tesla Offers New All-Black Solar Module for Residential Applications

Tesla has introduced a new all-black solar module for residential use, according to information on the company's website.

1 mins

Turkey, S Arabia Sign Major Solar Power Deal

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1 mins

Octopus Energy Generation Invests $1.0b in California Clean Tech

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1 mins

Climate Action can Deliver Stability in an Unstable World: Simon Stiell

Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC), says COP31 in Antalya, Turkey, will mark the C beginning of a new \"era of implementation\" in global climate action.

1 mins

Curbing Corruption Essential To Make Energy Sector People-Friendly

Creating 15 million jobs within the next 18 months is the government's top priority.

5 mins

BANGLADESH BRACES FOR FUEL SHOCKS FROM IRAN WAR

The Middle East is burning following US-Israeli attacks on Iran, prompting the Islamic country to retaliate as hard as it can.

2 mins

Tüm Hikayeleri Oku Energy & Power

Energy & Power Description:

Yayımcı: Energy-&-Power

Kategori: Business

Dil: English

Sıklık: Fortnightly

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