Common Contracts

Ex-Ante evaluation

February 5th, 2015

• Filed
  February 5th, 2015

Bangladesh suffers from insufficient power supply to meet the increasing power demand which itself is a result of improved electrification rates and industrialization in the wake of the country’s rapid economic growth in recent years. As of March 2014, the power supply meets only 80 percent of the potential demand estimated as 9,268 megawatts and the maximum power supply was 6,887 megawatts. The power demand is expected to continue increasing over the next decade by 10 percent per year over the next decade. Although 70 percent of the power generation is currently operated by gas-fired plants using domestic natural gas, domestic natural gas will face depletion in the near future. Therefore, Bangladesh needs to seek other energy resources that are more sustainable than natural gas in order to ensure a stable power supply. To meet the future power demand, Bangladesh has started a long-term power development plan based on coal power plants using imported coal as a primary power source.