Bangladesh needs to improve the governance of its power and energy sector, said Singaporean energy expert Siaw Kiang Chou at a seminar in Dhaka.
The executive director of the Energy Studies Institute at National University of Singapore, also a professor at the university’s department of mechanical engineering, made the remark while speaking at the seminar titled “International Best Practices in Power and Energy Sector: Lessons for South Asia and Bangladesh” on the last day of Power and Energy Week 2016 yesterday.
The seminar, held at a city hotel, was organised by the Institute for Policy, Advocacy and Governance.
Addressing the seminar, Chou said there were lots of opportunities in Bangladesh to work on renewable energy, but the sector had not expanded to the extent yet where the opportunities could be properly utilised.
Reasons behind this issue must be found out and the government should pay attention in this regard, he said.
He said in order to increase energy efficiency by 50%, Bangladesh would have to increase the number of combined cycle power plants.
Ravi Segal, managing director of General Electric India who also spoke at the seminar, said in order to reach the government’s goal of 100% electrification by 2021, Bangladesh needed to adopt best international practices, strengthening regional power-sharing arrangements to achieve energy security and sustainable energy in future.
He further said huge investment was required for the construction of power plants in Bangladesh, and exchanging power regionally would also be a good option for the country.
Meanwhile, during the closing ceremony of Power and Energy Week, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said in the future Bangladesh would be a power and energy saving country.