Uninterrupted power, energy supply to ensure sustainable development: Nasrul
DHAKA, June 13, 2021 (BSS) – State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said uninterrupted power and energy supply will ensure sustainable development in the country.
“We have undertaken integrated plan in the power and energy sector to build a prosperous Bangladesh. Subsidies have been continued in power and gas to boost up industry,” he told this, while addressing a webinar as the chief guest yesterday.
The Energy and Power Magazine organized the webinar on “Sustainable Development of Power and Energy sector and Budget 2021-22” with its editor Mollah Amzad moderating.
The state minister said Dhaka city alone has consumed 46 percent electricity and in order to ensure balanced use of electricity, industrialization is required to establish in certain places across the country.
“If the factory is set up in a certain place, the system loss will be reduced. Developed countries are moving away from fossil fuel in power generation,” Nasrul said.
“Bangladesh is also reviewing fossil fuel based power plants. Opportunity cost will be sought for gas or electricity imports in the future,” he added.
Nasrul, however, said that special importance has been given to resource development, adding, “Without professionalism at work is not possible in rapid development.”
Director General of Power Cell Engineer Mohammad Hossain presented the keynote address. He highlighted the achievements, growth and planning of the power and energy sector in his presentation.
In the annual development program in 2021-22 fiscal year, Taka 26,118.76 crore was allocated for power sector.
Chairman of Summit Group Muhammad Aziz Khan, energy expert Prof Dr M Tamim, former chairman of NBR Dr Md Abdul Majid, executive director of Policy Research Institute of Bangladesh Dr Ahsan Mansoor, former president of Dhaka Chamber of Commerce and Industries Abul Kashem Khan and energy specialist Engineer Khandaker Abdus Salek joined the webinar and delivered their speeches.