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In 2009, the Government of Bangladesh developed a Renewable Energy Policy which calls for renewable energy to be 10 percent of the total energy produced in Bangladesh. The government established the Sustainable and Renewable Energy Development Authority to support the Renewable Energy Policy through the Sustainable and Renewable Energy Development Authority Act in 2012.
Natural gas accounts for about 70% of the country's commercial energy supply. According to a study conducted in 2003 by Hydrocarbon unit of the Energy and Mineral Resources Division and Norwegian Petroleum Directorate, the initial gas reserve of the 22 discovered gas fields of the country amounts to 28.4 trillion cubic feet (TCF) out of which 20.5 TCF is considered recoverable.
[1] [2] It is mainly responsible for all policies and matters relating to electricity generation, transmission, and distribution from conventional and non-conventional energy sources including hydro electricity. It also deals with the Import, Distribution, Exploration, Extraction, Pricing, and other policy related details of the primary fuels.
The Bangladesh Rural Electrification Board or BREB, is government organization in Dhaka, Bangladesh and is responsible for rural electrification. [1] It is the largest power distribution organization in Bangladesh. [2] BREB has brought all the 461 upazilas on grid under 100% electrification. [3]
The Bangladesh Power Development Board (BPDB) is a government agency operating under the Ministry of Power, Energy and Mineral Resources, Government of the People's Republic of Bangladesh. It was created as a public-sector organization to boost the country's power sector after the emergence of Bangladesh as an independent state in 1972.
It is managed by the Ministry of Power, Energy and Mineral Resources. [2] Bangladesh Petroleum Corporation had an annual import level of as much as 29 million barrels as of 2009. [3] The 2017 Economic Survey found Bangladesh Petroleum Corporation to be the most profitable state-owned enterprises. [4]
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The utility electricity sector in Bangladesh has one national grid operated by Power Grid Company of Bangladesh with an installed capacity of 25,700 MW as of June 2022. Bangladesh's energy sector is not up to the mark. However, per capita energy consumption in Bangladesh is considered higher than the production. Electricity was introduced to ...