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The Awami League gave most precedence to the ability sector in its marketing campaign manifesto earlier than returning to energy in 2009, and it was boasting full electrical energy protection with the subsequent polls scheduled for 2023. A gasoline scarcity triggered by the Russia-Ukraine struggle has now pressured it to revise its plan.
With prolonged energy outages again, the scenario has additionally jeopardised the federal government’s plans to chop subsidies within the energy and vitality sector. It now faces a dilemma over methods to deal with the disaster: by persevering with with subsidies to keep away from disruptions in industrial manufacturing or by decreasing manufacturing?
Power coverage professional Professor M Tamim believes the federal government has just one different: elevating energy costs by 45 to 50 % to purchase gasoline for electrical energy technology.
“We’ve truly crossed the restrict of giving subsidies for top gas costs to supply energy. The federal government has spent a fantastic deal on subsidies previously 4 to 5 months, however hasn’t raised the ability tariff.
“I hope, as the federal government has determined to deal with the scenario with load-shedding [rationing power through rolling power cuts], it gained’t increase the tariff. It will hold the strain off the price of residing or inflation,” mentioned the previous caretaker authorities adviser.
In keeping with Tawfiq-e-Elahi Chowdhury, the prime minister’s vitality adviser, households in Bangladesh could possibly be hamstrung by energy outages till September amid the worldwide vitality disaster, a grim outlook that has pressured officers to suggest measures like decreasing work hours.
“A number of new coal-fired energy crops will come into operation in September. These will be relied on [for power] as an alternative of costly oil and gas-fired energy crops,” Chowdhury instructed reporters after a gathering with vitality sector officers on Thursday.
In mild of the surging prices of gas, Prime Minister Sheikh Hasina has harassed the necessity to practise austerity within the consumption of energy. Chowdhury believes that the affect of the ability crunch will be minimised if the demand for electrical energy is restricted to 12,000 megawatts.
“We’ll nonetheless have a scarcity of 500 MW. This may be tackled with rationing,” he mentioned.
Prof Tamim mentioned reducing manufacturing would have an effect on the industries and the federal government must tread fastidiously on that path.
Talking to bdnews24.com, Nasrul mentioned, “This example gained’t final lengthy.” He pinned his hopes on the Rampal Energy Plant and the second unit of Payra plant, each fired by coal and are anticipated to grow to be operational inside this yr.
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