Bangladesh needs over $10bn to settle power, energy sectors debt by Dec 20255 May 2025 19:21
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Energy expert Professor Ijaz Hossain urged the government to triple its gas exploration efforts to reduce import dependence. “The government can even issue ‘Gas Bonds’ to finance exploratory drilling,” he suggested.
He also recommended the formation of a new company dedicated to exploratory drilling, partnering with international firms that have reservoir and drilling expertise.
“We’ve been neglecting our domestic energy resources—gas, coal, and renewables. Our only focus seems to be on imports, which require dollars,” Prof. Hossain said in frustration during a recent seminar organised by the Forum for Energy Research and Budget (FERB).
Speaking on the issue of external payments in the energy and power sectors, Muhammad Fauzul Kabir Khan, adviser to the Ministry of Power and Energy, told Just Energy News, “We have, in principle, decided to clear all dues in the power and energy sectors by December 2025.”
He added that the government is exploring various options to reduce both internal and external costs in the power and energy sector.
It is worth noting that Bangladesh will need approximately $13 billion in total to cover external payments in the power and energy sectors in 2025.
https://justenergynews24.com/bangladesh-needs-over-10bn-to-settle-power-energy-sectors-debt-by-dec-2025/