A recent report by the Implementation Monitoring and Evaluation Division (IMED) sheds light on the challenges facing Bangladesh’s power sector projects. The report highlights that a majority of the projects face delays, with some experiencing cost overruns of up to 300%. Among the 67 ongoing projects reviewed, 32 have been implemented for six to 10 years, with progress ranging from 90% to 99%. However, 12 projects have been implemented for over seven years, and four of them have made progress of less than 30%.
Insufficient coordination among agencies responsible for power transmission and distribution has resulted in idle power plants lacking necessary infrastructure. The report emphasizes the importance of conducting proper feasibility studies and ensuring energy supply before initiating new power plant projects. It also recommends appointing individuals with relevant skill sets and modernizing engineers’ knowledge through practice and research. The report raises concerns about capacity charges paid to power plants, which were later omitted from the published version.
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