November 15, 2024, 11:39 pm

CPD proposes major reforms in power and energy sectors, calls for repeal of special act

  • Update Time : Sunday, August 18, 2024
  • 10 Time View
Photo: Collected

TDS Desk:

The Center for Policy Dialogue (CPD) has proposed the repeal of the “Electricity and Energy Supply (Special Provisions) Act,” advocating instead for procurement processes in the electricity and energy sectors to align with the Public Procurement Act and Rules.

CPD’s Research Director Khondaker Golam Moazzem made this proposal during a media briefing titled “Reforms in the Electricity and Energy Sector: CPD’s Recommendations” held today (18 August) at the organisation’s Dhanmondi office.

The Electricity and Energy Supply (Special Provisions) Act facilitates urgent measures to improve electricity and energy generation, transmission, and supply. It aims to ensure a steady energy supply for various sectors, including agriculture, industry, and households, and allows for quick import of energy and extraction of related minerals when needed.

Moazzem highlighted that the interim government, which assumed office on 8 August, faces high public expectations for economic reforms, particularly in the energy and electricity sectors.

Notably, the interim government recently appointed Fouzul Kabir Khan as an adviser for power and energy.

“With significant figures in the government leading global initiatives for zero carbon emissions and renewable energy, expectations are high for expanding renewable energy in Bangladesh,” Moazzem said.

He pointed out issues of lack of competition, transparency, and accountability in the sector, noting that procedural weaknesses have led to irregularities and policy deviations.

Moazzem highlighted the need for a shift from fossil fuels to renewable energy, suggesting a move away from large-scale power supply structures to support small and medium enterprises.

He also called for reforms in policy, legal frameworks, and environmental practices.

Among the CPD’s recommendations, Moazzem proposed transforming the Bangladesh Energy Regulatory Commission (BERC) into a more effective institution, revising the Energy Policy of 1996, and strengthening Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) for onshore and offshore operations.

He suggested shutting down the Renewable Energy Wing of BPDB and establishing a Renewable Energy Laboratory, citing the success of energy-efficient infrastructure in countries like Japan and Germany.

Moazzem also criticised the current prepaid meter system, which has led to complaints of high and inaccurate electricity bills.

He recommended an investigation into these billing issues and called for a “no electricity, no payment” system for power plant contracts to reduce subsidy pressure.

Addressing broader issues, Moazzem urged the government to reconsider LNG-based infrastructure projects and to increase investment in renewable energy. He also emphasised the need for regional and international energy cooperation, including with the United States, European Union, Russia, and neighbouring countries.

Overall, Moazzem proposed a detailed roadmap for energy and electricity reforms, including a 100-day action plan to address immediate needs.

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