Asia Power Week 2017

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Frontier no More: An Overview of the Bangladeshi Power Market and Opportunities for Investment (Room Amber 1)

Over the past 10 - 15 years the Bangladesh power sector has experienced gradual reform. Although a number of government agencies are still involved in the generation, transmission and distribution of electricity, private sector generation accounted for over half of the installed capacity in 2016. With rural electrification coverage of 68% in 2014, the Power Division within the Ministry of Power, Energy and Mineral Resources has plans to increase generation capacity and provide network infrastructure to provide access to affordable and reliable electricity to the entire population of about 152 million people by 2012. Regardless of whether this ambitious aim will be achieved, there are a multiplicity of opportunities for international players to get involved in the power sector in the next few years. Ricardo Energy & Environment is currently engaged by the European Investment Bank to provide training and workshops to 3,000 personnel from the agencies within the Power Division over a period of two years. Ricardo’s contact with the Power Division and individuals within the agencies responsible for project implementation has given it unique insight into the current state of the market and opportunities for investment in the near future. This paper gives an overview of the Bangladeshi power market and provides details of investment opportunities in generation, transmission and distribution.