The predominant purpose of the weak authorities in the means and energy sector regarded as if it would per chance be enabling corruption in home of reaching sustainable development, said Muhammad Fouzul Kabir Khan, adviser to the Ministry of Energy, Energy and Mineral Resources.
However, the present intervening time authorities is taking away those practices that enable corruption and inviting towards reaching a sustainable energy protection and observe, a ministry press commentary quoted him as announcing on the Bangladesh Energy Prosperity 2050 convention as the executive guest in Dhaka recently (11 December),
“Now we own restored the Energy Regulatory Price’s energy to repair electricity tariffs. We are also revising the Built-in Energy and Energy Master Idea and reevaluating the renewable energy protection,” the adviser said after inaugurating the three-day tournament on the BIAM Foundation as its opening day chief guest.
“We are also inviting faraway from self sustaining energy producers (IPPs) and enforcing a more sustainable energy protection,” he added.
Can also simply now not be easy to cancel energy contracts: Rizwana
Also talking on the occasion, Ambiance, Forest and Climate Switch Adviser Syeda Rizwana Hasan said cancelling energy contracts signed all thru the Awami League regime will be a now not easy job with many challenges.
Chairing the seminar’s inaugural session, she said, “Cancelling contracts is now not easy. Bangladesh had to deal on the realm level to cancel the Niko contract. However the intervening time authorities has taken up that topic. The [power] deals are in the intervening time below review.”
“The authorities unexcited has to endure the burden of loans for loads of those projects even after implementation. We are having to pay at the same time as those projects live indolent. At the an identical time, there is also a power on energy conversion. [We] are having to design shut responsibility for unequal contracts made at irregular payments. The authorities is taking loads of time to invent harm abet a watch on.”
Replying to questions on the convention, the atmosphere adviser said there are photo voltaic panels on the roofs of residential structures in Dhaka.
“Nobody is checking whether or now not those are working or now not.”
On land received for slightly a pair of projects, she said, “The law doesn’t enable the land received for diverse projects to be returned to the fashioned householders. However, the received unused land would possibly well per chance moreover be utilised by generating electricity from renewable energy or by afforestation.”
She also said Bangladesh faces essential challenges in reaching energy prosperity, compounded by unequal energy deals and ongoing crises. Energy accessibility remains a pressing order, with chronic gaps in quality, affordability, and transparency.
“Meeting the 40% renewable energy target by 2041 requires determined insurance policies, solid deepest-sector engagement, and a shift from energy production to conservation. Guaranteeing reliable energy for industries, adopting subsidised renewable energy for energy-intensive sectors, and repurposing energy plant land for photo voltaic or slightly a pair of renewable projects would possibly well per chance bustle the transition,” she added.
The Bangladesh Energy Prosperity 2050 convention is uniting over 300 national and world representatives, including policymakers, energy experts, development partners, deepest sector traders and financiers, civil society organisations and early life for an impactful three-day tournament.
The inaugural session also featured special guests, including Mohammad Tamim, professor, Division of Petroleum and Mineral Resources Engineering, BUET, and Munawar Misbah Moin, managing director, Rahimafrooz Renewable Energy Shrimp (RREL).
Cynan Houghton, deputy regional programme director of Tara Climate Foundation, said, “We must work together to pressure a renewable energy transition that reshapes the political landscape and strengthens the intervening time authorities’s insurance policies to liberate Bangladesh’s renewable energy attainable. Countries savor Vietnam, South Africa, Pakistan, and China own done phenomenal growth in the energy sector, even below tough conditions—transformations that took months, now not years. These successes demonstrate what’s attainable with collective effort and commitment.
Lidy Nacpil, coordinator of Asian Peoples Motion for Debt and Development (APMDD) mentioned that the larger topic lies in remodeling the fossil gas-based utterly mostly monetary blueprint. “We all share a current battle to remodel the energy blueprint.”
