Bangladesh must urgently transition to a sustainable and investment-ready energy system to protect industrial growth and ensure economic stability, experts said at a recent policy dialogue.
the dialogue, titled ‘Enabling Bangladesh’s Growth and Prosperity: Developing a Sustainable Power Sector Investment Climate,’ was jointly organized by Policy Exchange Bangladesh and the Economic Reporters Forum (ERF) at The Westin Dhaka. Business leaders, policymakers, and sector specialists highlighted that rising energy demand, high production costs, and inconsistent policies are undermining investor confidence, despite years of billions invested in infrastructure.
they cautioned that without long-term reforms and greater private sector involvement, Bangladesh could face a major power crisis within the next decade. ‘Bangladesh doesn’t just need more megawatts-it needs megawatts that are sustainable, investable, and competitively priced,’ said Abu Chowdhury, director of EMA Power Investment Limited and EPV Thakurgaon Limited.