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Currents of Change [Brief-02] Quarterly Brief of the Power & Energy Sector of Bangladesh

The second quarter (Q2) of Fiscal Year (FY) 2024 (October-December 2023) was particularly significant for the power and energy sector as several policy decisions were made from national and international perspectives. Some of these are: the Conference of the Parties (COP) 28 was held on December 2023; the much-anticipated Integrated Energy and Power Master Plan (IEPMP) was approved; given the national election, different political parties have put their sectoral pledges; the Ministry of Power, Energy and Mineral Resources (MoPEMR) has been initiating proposals on domestic gas exploration and Liquefied Natural Gas (LNG) import; and Bangladesh obtained foreign financial assistance or investment for renewable energy projects.

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Authors: Khondaker Golam Moazzem, Helen Mashiyat Preoty, Jebunnesa, Faisal Quaiyyum and Mashfiq Ahasan Hridoy
Publication Period: January 2024