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BSS-37
TAWFIQ-IDCOL-SERVICE
Cost to be reduced, if IDCOL opens branch: Tawfiq-E-Elahi
DHAKA, Feb 4, 2021 (BSS) – Prime Minister’s energy advisor Dr
Tawfiq-e-Elahi Chowdhury, Bir Bikram, today said cost will be reduced
if the IDCOL gives loan to consumer directly by opening branch.
“IDCOL can think about branch and loan disbursement directly to
consumers. It will be a different work,” he told the virtual talks on
Industrial Energy Efficiency Dialogue as the chief guest.
IDCOL organized the virtual talks in collaboration with Energy &
Power magazine to aware people about the developments and challenges
of the power and energy sector of the country.
Editor of Energy & Power magazine Molla Amzad moderated the talks,
while Special Envoy for the United Nations Climate Vulnerable Forum
Presidency Abul Kalam Azad, Chairman, Bangladesh Energy Regulatory
Commission Md Abdul Jalil, and Power Secretary Md Habibur Rahman
spoke.
Chairman of SREDA Mohammad Alauddin presented the keynote paper and
experts, economists and journalists took part in the discussion.
Dr Tawfiq-e-Elahi Chowdhury said direct loan disbursement will be a
different job, but it may be better not to be in a place. “If the
IDCOL could not set up a branch or the bank could not have a
designated branch, the bank cannot pay much attention,” he added.
“If I say no energy saving, your cost will go down. Then it will be
more meaningful and we have to make a good slogan for this. Coverage
has to be increased and SMEs could also be brought under it,”
Chowdhury said.
He said now agriculture is also becoming an industry. “If irrigation
equipment is affordable then its impact will be immense. There is an
opportunity to focus on the transport sector. We have to consider
whether it is possible to ensure an energy saving award and
encouragement will make others interested to this end,” he observed.
The advisor said it needs to be affordable for many reasons, but the
government is subsidizing electricity for the development of the
industry.
Special envoy of the UN Climate Venerable Forum Abul Kalam Azad said
funds have been lined up for the green industry and industrialists are
working on it. “The prime minister is talking about reducing costs,
not saving electricity,” he said.
Power secretary Habibur Rahman said, “If we want to reduce
greenhouse gas emissions, then we have to ensure use of renewable
energy and moderate use of renewable energy.”
He also highlighted about the challenges in using affordable
equipment in this regard.
BSS/PR/SAS/MRU/1929hrs