In the light of the growing power demand of the country, as the established production capacity has increased over time, so has the maximum production. The highest generation in the fiscal year 1980-81 was 225 MW which is 13 thousand 693 MW as on 16 July 2021.
On June 6, 2009, the power generation capacity was only 3,026 MW. Besides, 98.2 percent households are currently covered by electricity facility.
Regarding the development of power, Planning Minister MA Mannan told banglanews, “My own opinion is that if Sheikh Hasina has to say single development, then power comes first.” There is no way anyone can deny it. We need electricity in our life. Just as food is needed in life, so is electricity in development. Another name for electricity is energy. The power sector is moving forward as a result of the far-reaching plans of the present government. Power generation will increase further in the future. One hundred percent people will get electricity.
According to the Bangladesh Bureau of Statistics of the Ministry of Planning, the net electricity generation in the 2018-19 fiscal year was 60,533 million kilowatt hours. Of this, 35,106 million kilowatt-hours of electricity was generated in the public sector, 26,740 million kilowatt-hours in the private sector and 6,08 million kilowatt-hours of electricity was imported from neighboring India. 49.6 per cent of the net production was imported from the public sector, 40.6 per cent from the private sector and 9.7 per cent from neighboring countries.
The lion’s share of the country’s total electricity generation is dependent on natural gas. According to the 2018-19 financial year, the net electricity generation in the country, including imports, was 60,533 gigawatt-hours, of which about 8.49 percent was used as natural gas fuel. In the 2016-17 financial year, 211 billion cubic feet of natural gas was used in the country’s public sector power plants. Coal was first used as fuel in 2005-06. In the 2016-17 financial year, the use of coal for power generation stood at 625,000 tons. In the 2016-17 financial year, the amount of furnace oil and diesel used in power plants in the public sector was 615 and 695 million liters respectively.
Energy is the main driving force of the power and energy economy. There is a huge demand for oil, gas, electricity and energy resources in the daily life of the country including agriculture, industry and services. Uninterrupted energy supply is a very important prerequisite to ensure the rise of the country’s economic growth index. On 9 August 1975, the great architect of independence, Father of the Nation Bangabandhu Sheikh Mujibur Rahman, made a far-sighted decision to purchase five gas fields from the British oil company Shale Oil. Since being taken over by the state, these gas fields have been playing an important role in the economic development and energy security of the country as producers of comparatively economical fuels. Following Bangabandhu’s energy policy, the present government is leading the country towards development by ensuring energy security of the country, inventing new sources of energy, expanding regional cooperation with energy rich countries. Power generation system Power is the main driving force for national growth, poverty alleviation and socio-economic development.
In view of the continuous increase in the demand for electricity in the country, the government is continuing its efforts to increase power generation through various measures. Power generation capacity has increased over time and the total generation is also increasing. Power generation capacity: In 2018-19 financial year, the total power generation capacity stood at 16,981 MW which is 22,051 MW including renewable energy and captive.
The power generation capacity established in 1986-89 was only 360 MW. Besides, 80 MW was generated in FY 1983-84, 713 MW in FY 1980-81, 2,350 MW in FY 1990-91, 4,005 MW in FY 2000-01 and 5,619 MW in FY 2008-09. But after Sheikh Hasina came to power, the power generation capacity of one lakh has stood at 13,793 MW. However, the power generation capacity including captive and renewable energy is 25,235 MW.
In 2019, the number of electricity consumers has increased from 16 million to about 8 million. In 2009, the annual allocation for the power sector was Tk 2,006 crore. Now the total allocation has increased to Tk 21,063 crore.