Overdue Payments Fall To Tk 70 Billion By April FY25

Industry: Energy & Power, Power

Bangladesh reduced its overdue payments to private furnace oil-fired power plants by 30%, from Tk 100 billion in January to around Tk 70 billion by April 2025. This was driven by decreased electricity purchases from high sulphur fuel oil (HSFO)-based plants—now only 20% of total generation, down from 50%—and accelerated payments by the Bangladesh Power Development Board (BPDB). The shift toward coal- and gas-fired plants and increased imports from India’s Adani Power Jharkhand Ltd have bolstered power supply. Petrobangla also ramped up liquefied natural gas (LNG) purchases, re-gasifying around 1,022 mmcfd in mid-March to meet industrial demand. As a result, Bangladesh experienced an almost load-shedding-free Ramadan and stable power during the ongoing summer. The controversial Quick Enhancement Act under which most oil-fired plants were approved has been repealed. Despite a current electricity generation of 13,000–14,000MW, demand is expected to exceed 18,232MW this summer, highlighting ongoing power challenges.

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