UNB, Dhaka :
The government is moving ahead with a plan to open a $35 billion investment opportunity for private investors in the country’s power transmission sector. According to official sources in the Power Division, the private sector’s enormous success in power generation has prompted the government to invite them to invest in the transmission segment of the sector.
The latest government statistics show the private sector’s contribution to power generation hit 11,057 MW representing 54.35percent while the public sector stands at 45.65 percent with its output of 9286 MW against the country’s total power generation of 20,343 MW.
Power Division officials claimed this substantial growth has been possible due
to a favourable investment policy offered by the government over the last one decade. “Seeing this great success, the government has now moved to unlock the investment scope for the private sector in the transmission segment as well,” Mohammad Hossain, director general of the Power Cell, told UNB. Power Cell, a technical wing of the Power Division, which is responsible for preparing policy guideline and implement reforms in the power sector, has already started framing the proposed guideline by accumulating a number of models now being followed by different countries in this regard. “We hope the guideline will be ready by January next,” said the Power Cell DG. Official sources said as part of the Power System Master Plan, 2016, the Power Division outlined a $35 billion investment potentials in the transmission segment up to 2041.
The government is moving ahead with a plan to open a $35 billion investment opportunity for private investors in the country’s power transmission sector. According to official sources in the Power Division, the private sector’s enormous success in power generation has prompted the government to invite them to invest in the transmission segment of the sector.
The latest government statistics show the private sector’s contribution to power generation hit 11,057 MW representing 54.35percent while the public sector stands at 45.65 percent with its output of 9286 MW against the country’s total power generation of 20,343 MW.
Power Division officials claimed this substantial growth has been possible due
to a favourable investment policy offered by the government over the last one decade. “Seeing this great success, the government has now moved to unlock the investment scope for the private sector in the transmission segment as well,” Mohammad Hossain, director general of the Power Cell, told UNB. Power Cell, a technical wing of the Power Division, which is responsible for preparing policy guideline and implement reforms in the power sector, has already started framing the proposed guideline by accumulating a number of models now being followed by different countries in this regard. “We hope the guideline will be ready by January next,” said the Power Cell DG. Official sources said as part of the Power System Master Plan, 2016, the Power Division outlined a $35 billion investment potentials in the transmission segment up to 2041.
