The import of electricity from Nepal and Bhutan, cross border trade, electric vehicles, renewable energy, lithium batteries, lead batteries, gas meters, energy security power system upgrading, smart grid, offshore wind power, transmission system, gas pipelines also came up for discussion.
The World Bank South Asia Regional Director expressed the bank’s keen interest to work with Bangladesh on various projects.
He said financing of projects related to energy security, renewable energy, energy efficiency and private financing and participation of private individuals or institutions can be supported.
He emphasized expediting the work of the gas metering project.
The state minister focused on the ongoing and upcoming projects by the World Bank.
He informed that a power hub is being set up in the southern region of the country, which requires funding for transmission lines and smart grid preparation.
“Wind mapping has been completed while approval was given to generate about 10,000 MW of electricity from renewable sources. Investment is needed in these sectors as well,” he said.
He also mentioned that initiative has been taken to replace the old gas pipelines with new ones.
He informed that a power hub is being set up in the southern region of the country, which requires funding for transmission lines and smart grid preparation.
“Wind mapping has been completed while approval was given to generate about 10,000 MW of electricity from renewable sources. Investment is needed in these sectors as well,” he said.
He also mentioned that initiative has been taken to replace the old gas pipelines with new ones.
Petrobangla Chairman Janendra Nath Sarkar, Additional Secretary of Energy and Mineral Resources Division Humayun Kabir, Additional Secretary of Power Division Nurul Alam, World Bank Energy Practice Manager Simon J. Stolp, World Bank Operations Manager Gayle Martin were present during the meeting.
